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    Conditional Probability

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    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.

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    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.

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