Advertisements
Advertisements
Question
Two groups are competing for the positions of the Board of Directors of a Corporation. The probabilities that the first and the second groups will win are 0.6 and 0.4 respectively. Further, if the first group wins, the probability of introducing a new product is 0.7 and the corresponding probability is 0.3 if the second group wins. Find the probability that the new product introduced was by the second group.
Advertisements
Solution
Let E1 and E2 denote the events that the first group and the second group win the competition, respectively. Let A be the event of introducing a new product.
P(E1) = Probability that the first group wins the competition = 0.6
P(E2) = Probability that the second group wins the competition = 0.4
P(A/E1) = Probability of introducing a new product if the first group wins = 0.7
P(A/E2) = Probability of introducing a new product if the second group wins = 0.3
The probability that the new product is introduced by the second group is given byP(E2/A).
Using Bayes’ theorem, we get
\[\text{ Required probability } = P\left( E_2 /A \right) = \frac{P\left( E_2 \right)P\left( A/ E_2 \right)}{P\left( E_1 \right)P\left( A/ E_1 \right) + P\left( E_2 \right)P\left( A/ E_2 \right)}\]
\[ = \frac{0 . 4 \times 0 . 3}{0 . 6 \times 0 . 7 + 0 . 4 \times 0 . 3}\]
\[ = \frac{0 . 12}{0 . 54} = \frac{2}{9}\]
APPEARS IN
RELATED QUESTIONS
An urn contains 5 red and 5 black balls. A ball is drawn at random, its colour is noted and is returned to the urn. Moreover, 2 additional balls of the colour drawn are put in the urn and then a ball is drawn at random. What is the probability that the second ball is red?
A bag contains 4 red and 4 black balls, another bag contains 2 red and 6 black balls. One of the two bags is selected at random and a ball is drawn from the bag which is found to be red. Find the probability that the ball is drawn from the first bag.
A laboratory blood test is 99% effective in detecting a certain disease when it is in fact, present. However, the test also yields a false positive result for 0.5% of the healthy person tested (that is, if a healthy person is tested, then, with probability 0.005, the test will imply he has the disease). If 0.1 percent of the population actually has the disease, what is the probability that a person has the disease given that his test result is positive?
An insurance company insured 2000 scooter drivers, 4000 car drivers and 6000 truck drivers. The probability of accidents are 0.01, 0.03 and 0.15 respectively. One of the insured persons meets with an accident. What is the probability that he is a scooter driver?
If A and B are two events such that A ⊂ B and P (B) ≠ 0, then which of the following is correct?
Often it is taken that a truthful person commands, more respect in the society. A man is known to speak the truth 4 out of 5 times. He throws a die and reports that it is a six. Find the probability that it is actually a six.
Do you also agree that the value of truthfulness leads to more respect in the society?
A speaks the truth 8 times out of 10 times. A die is tossed. He reports that it was 5. What is the probability that it was actually 5?
In a class, 5% of the boys and 10% of the girls have an IQ of more than 150. In this class, 60% of the students are boys. If a student is selected at random and found to have an IQof more than 150, find the probability that the student is a boy.
Suppose we have four boxes A, B, C, D containing coloured marbles as given below:
Figure
One of the boxes has been selected at random and a single marble is drawn from it. If the marble is red, what is the probability that it was drawn from box A? box B? box C?
There are three coins. One is two-headed coin (having head on both faces), another is biased coin that comes up heads 75% of the times and third is also a biased coin that comes up tail 40% of the times. One of the three coins is chosen at random and tossed, and it shows heads. What is the probability that it was the two-headed coin?
A company has two plants to manufacture bicycles. The first plant manufactures 60% of the bicycles and the second plant 40%. Out of the 80% of the bicycles are rated of standard quality at the first plant and 90% of standard quality at the second plant. A bicycle is picked up at random and found to be standard quality. Find the probability that it comes from the second plant.
In a group of 400 people, 160 are smokers and non-vegetarian, 100 are smokers and vegetarian and the remaining are non-smokers and vegetarian. The probabilities of getting a special chest disease are 35%, 20% and 10% respectively. A person is chosen from the group at random and is found to be suffering from the disease. What is the probability that the selected person is a smoker and non-vegetarian?
A bag contains 1 white and 6 red balls, and a second bag contains 4 white and 3 red balls. One of the bags is picked up at random and a ball is randomly drawn from it, and is found to be white in colour. Find the probability that the drawn ball was from the first bag.
In a certain college, 4% of boys and 1% of girls are taller than 1.75 metres. Further more, 60% of the students in the colleges are girls. A student selected at random from the college is found to be taller than 1.75 metres. Find the probability that the selected students is girl.
For A, B and C the chances of being selected as the manager of a firm are in the ratio 4:1:2 respectively. The respective probabilities for them to introduce a radical change in marketing strategy are 0.3, 0.8 and 0.5. If the change does take place, find the probability that it is due to the appointment of B or C.
Coloured balls are distributed in four boxes as shown in the following table:
| Box | Colour | |||
| Black | White | Red | Blue | |
| I II III IV |
3 2 1 4 |
4 2 2 3 |
5 2 3 1 |
6 2 1 5 |
A box is selected at random and then a ball is randomly drawn from the selected box. The colour of the ball is black, what is the probability that ball drawn is from the box III.
If a machine is correctly set up it produces 90% acceptable items. If it is incorrectly set up it produces only 40% acceptable item. Past experience shows that 80% of the setups are correctly done. If after a certain set up, the machine produces 2 acceptable items, find the probability that the machine is correctly set up.
Bag A contains 3 red and 5 black balls, while bag B contains 4 red and 4 black balls. Two balls are transferred at random from bag A to bag B and then a ball is drawn from bag B at random. If the ball drawn from bag B is found to be red find the probability that two red balls were transferred from A to B.
A test for detection of a particular disease is not fool proof. The test will correctly detect the disease 90% of the time, but will incorrectly detect the disease 1% of the time. For a large population of which an estimated 0.2% have the disease, a person is selected at random, given the test, and told that he has the disease. What are the chances that the person actually have the disease?
Let d1, d2, d3 be three mutually exclusive diseases. Let S be the set of observable symptoms of these diseases. A doctor has the following information from a random sample of 5000 patients: 1800 had disease d1, 2100 has disease d2, and others had disease d3. 1500 patients with disease d1, 1200 patients with disease d2, and 900 patients with disease d3 showed the symptom. Which of the diseases is the patient most likely to have?
A is known to speak truth 3 times out of 5 times. He throws a die and reports that it is one. Find the probability that it is actually one.
There is a working women's hostel in a town, where 75% are from neighbouring town. The rest all are from the same town. 48% of women who hail from the same town are graduates and 83% of the women who have come from the neighboring town are also graduates. Find the probability that a woman selected at random is a graduate from the same town
If E1 and E2 are equally likely, mutually exclusive and exhaustive events and `"P"("A"/"E"_1 )` = 0.2, `"P"("A"/"E"_2)` = 0.3. Find `"P"("E"_1/"A")`
2% of the population have a certain blood disease of a serious form: 10% have it in a mild form; and 88% don't have it at all. A new blood test is developed; the probability of testing positive is `9/10` if the subject has the serious form, `6/10` if the subject has the mild form, and `1/10` if the subject doesn't have the disease. A subject is tested positive. What is the probability that the subject has serious form of the disease?
A box contains three coins: two fair coins and one fake two-headed coin is picked randomly from the box and tossed. What is the probability that it lands head up?
Solve the following:
The chances of P, Q and R, getting selected as principal of a college are `2/5, 2/5, 1/5` respectively. Their chances of introducing IT in the college are `1/2, 1/3, 1/4` respectively. Find the probability that IT is introduced in the college after one of them is selected as a principal
Solve the following:
The ratio of Boys to Girls in a college is 3:2 and 3 girls out of 500 and 2 boys out of 50 of that college are good singers. A good singer is chosen what is the probability that the chosen singer is a girl?
There are two identical urns containing respectively 6 black and 4 red balls, 2 black and 2 red balls. An urn is chosen at random and a ball is drawn from it. if the ball is black, what is the probability that it is from the first urn?
Refer to Question 41 above. If a white ball is selected, what is the probability that it came from Bag 3
Probability that 'A' speaks truth is `4/5`. A coin is taked. A reports that head appears. the probability that actually there was head is
If 'A' and 'B' are two events such that A ⊂ B and P(B) ≠ 0, then which of the following is true :-
The Probability that A speaks truth is `3/4` and that of B is `4/5`. The probability that they contradict each other in stating the same fact is p, then the value of 40p is ______.
A speaks truth in 75% of the cases and B in 80% of the cases. The percentage of cases they are likely to contradict each other in making the same statement is ______.
In a company, 15% of the employees are graduates and 85% of the employees are non-graduates. As per the annual report of the company, 80% of the graduate employees and 10% of the non-graduate employees are in the Administrative positions. Find the probability that an employee selected at random from those working in administrative positions will be a graduate.
