Question

Your company uses 84,000 units of a certain type of memory chip each year. Companies L,...

Your company uses 84,000 units of a certain type of memory chip each year. Companies L, M, and N each supply you with 28,000 chips per year. The probability that a chip will fail is 0.006, 0.0052, and 0.00061 for each company's product, respectively.
Given that a chip has failed, what is the probability it came from Company N? Enter your answer as a probability between 0 and 1.

Math   Statistics-And-Probability   
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Answer #1

Probability calculation by Bayes and total probability theorems.

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