Could you explain please your comment in details: "Since the probability is greater than 0.05 then the reevaluate way costs are being estimated is not unusual". Just I need to know why is ".....greater than 0.05...."

Could you explain please your comment in details: "Since the probability is greater than 0.05 then the reevaluate way costs are being estimated is not unusual". Just I need to know why is ".....greater than 0.05...."

Calculus For The Life Sciences

2nd Edition

ISBN:9780321964038

Author:GREENWELL, Raymond N., RITCHEY, Nathan P., Lial, Margaret L.

Publisher:GREENWELL, Raymond N., RITCHEY, Nathan P., Lial, Margaret L.

Chapter12: Probability

Section12.3: Conditional Probability; Independent Events; Bayes' Theorem

Problem 17E

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Could you explain please your comment in details: "Since the probability is greater than 0.05 then the reevaluate way costs are being estimated is not unusual". Just I need to know why is ".....greater than 0.05...."

THANKS :D

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