How do you calculate the probability using Bayes Theorem?
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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?
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Solution Summary
The solution provides step by step method for the calculation of probability from Bayes Theorem . Formula for the calculation and Interpretations of the results are also included.
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