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Statistics - Probability

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Probability : Suppose a fraction 5% of the circuits produced by a circuit manufacturer is defective. Historically, given that the circuit is defective, the inspector (wrongly) accepts the circuit 10% of the time, thinking that there is no defect. If a circuit is not defective, he always correctly ... (Please see attachment)
This is a probability problem and looking for worked out solutions.

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Solution Summary

The probability in statistics is determined. A complete, neat and step-by-step solution is provided in the attached file.

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First we make a contingency table. We take the total as 1. Therefore, the numbers appearing in the table will be the probability that a circuit inspected will fall under that ...

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