Concept of bayes probability distribution

Reference no: EM1319771

One-fourth of the residents of the Burning Ridge Estates leave their garage doors open when they are away from home. The local chief of police estimates that 5 percent of the garages with open doors will have something stolen, but only 1 percent of those closed will have something stolen. If a garage is robbed, what is the probability the doors were left open?

Reference no: EM1319771

Questions Cloud

Probability computation using bayes theorem : P(A 1 )= .20, P(A 2 ), and P(A 3 )= .40. P(B 1 I A 1 ) = .25. P(B 1 I A 2 ) = .05. P(B 1 I A 3 )=.10. Use Bayes' theorem to determine P(A 3 I B 1 )

Specific set of plans to build sailboat : Inez has a specific set of plans to build a sailboat. The plans are detailed in nature, and any boat builder can construct the boat. Inez secures bids, and the low bid is made by Whale of a Boat Corporation. Inez contracts with Whale to build the ..

Bayes theorem concept : What is the probability that he completed the assignments?

Library capital project fund : In Erikus County, the Parks and Recreation Department constructed a library in one of the county's high growth areas. The construction was funded by a number of sources.

Concept of bayes probability distribution : If a garage is robbed, what is the probability the doors were left open?

Describe crashing-fast tracking and scope reduction : In your own words, describe crashing, fast tracking, and scope reduction as means of schedule compression. When would each be appropriate?

Analysis of productivity and sales : Suppose a company used the techniques discussed in this chapter to evaluate business unit performance. How would an economic climate like the recent severe recession affect the effectiveness of these tools and how should the economic climate be fa..

Continuous sampling since abnormal condition began : What is the probability that in a sample of 10 pieces: 5 or more will be defective?

Product market categories-marketing communications : Describe how marketing communications make products culturally relevant. Provide an example? Give an example where communications has not only helped brands to gain market share but fundamentally changed their product market categories?

User Account

All Pages