Mara found the length of time of an investment. The principal of the investment was $4,300, the interest rate was 6.2 percent, a
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<h2>Answer:</h2>
The probability that a defective component came from shipment II is:
Let A denote the event that the defective component was from shipment I
Also, P(A)=2%=0.02
and B denote the event that the defective component was from shipment II.
i.e. P(B)=5%=0.05
Also, P(shipment I is chosen)=1/2=0.5
and P(shipment II is chosen)=1/2=0.5
The probability that a defective component came from shipment II is calculated by Baye's rule as follows:
Hence, the answer is: