Explore BrainMass

# Conditional Probability

Not what you're looking for? Search our solutions OR ask your own Custom question.

This content was COPIED from BrainMass.com - View the original, and get the already-completed solution here!

In an experiment, subjects are required to generate a "yes" or "no" decision. The probability of 'Yes' being correct is 50%. The observed probability of yes decisions is 70%. What is the probability that any "Yes"-outcome question will be answered correctly? Illustrate computational details of answer briefly.

https://brainmass.com/statistics/conditional-probability-distribution/conditional-probability-decision-6986

#### Solution Preview

The observed probability of yes decisions is P(A)=0.7 and
the probability of Yes ...

#### Solution Summary

In an experiment, subjects are required to generate a "yes" or "no" decision. The probability of 'Yes' being correct is 50%. The observed probability of yes decisions is 70%. What is the probability that any "Yes"-outcome question will be answered correctly? Illustrate computational details of answer briefly.

\$2.49