A First Course in Probability (10th Edition)
A First Course in Probability (10th Edition)
10th Edition
ISBN: 9780134753119
Author: Sheldon Ross
Publisher: PEARSON
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A company audit reveals that 4% of dept budgets contain errors. A program is developed to analyze budgets and in a test, identifies errors in 98% of budgets with errors and 5% of those without. If a budget is marked by th? program as possibly having an error, what is the probability that the budget DOES have an error?

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