A distributor of outdoor yard lights has four suppliers. This past season she purchased 40% of the lights from Franklin Lighting, 30% from Wilson & Sons, 20% from Evergreen Supply, and the rest from A. L. Scott
In prior years, 3% of Franklin's lights were defective, 6% of the Wilson lights were defective, 2% of Evergreen's were defective, and 8% of the Scott lights were defective. When the lights arrive at the distributor, she puts them in inventory without identifying the supplier. Suppose that a defective light string has been pulled from inventory; what is the probability that it was supplied by Franklin Lighting?A) 0.33
B) 0.45
C) 0.18
D) 0.29
D
You might also like to view...
Short-term investments ________
A) are debt and equity securities that the investor expects to hold for more than a year B) are investments in debt securities or equity securities in which the investor holds less than 50 percent of the voting stock and that the investor plans to sell in the very near future C) are investments in debt and equity securities that are highly liquid and that the investor intends to convert to cash within one year D) are investments in debt securities that the investor intends to hold until maturity
Share of ________ represents the proportion of company advertising of a product to all advertising of that product
A) wallet B) mind C) voice D) market E) cost