A company receives complaints about their product bending and needs to determine how many faulty products are going undetected The company uses a scanning device that places a mark on each defective product that it detects on the production line. However not all defective products are detected by the scanner, and sometimes it marks a product which is not defective. When a product is not defective, the scanner marks it 5% of the time. When a product is defective, the scanner marks it 98% of the time. The quality control department reports that 4% of all products are defective. Which option will calculate the probability that the product is marked?

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A: Bayes' Theorem :  Bayes’ theorem is a mathematical formula used to determine the conditional…

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Q: Surfer Dude Swimsuit Company plans to produce a new line of quick-dry swimsuits. Five textile…

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A: The correct answer is given below

Q: Hypnotized Video In 10 10 |mean 21.8 19.1 SS 123.6 60.9

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Q: Do these data suggest that freezing is less successful than duct tape in removing warts? Test the…

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Q: A friend of yours tells you that they heard that 65% of all college athletes end up losing a finger…

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A: We have given that  Sample size n1 = 357 , n2= 872 Favorable cases x1= 131 , x2= 345

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A:

Estimation

A new framework of data analysis where the new statistical methods are used for interpreting the results and analyzing the data is known as estimation in statistics.