You are analysing a factory. Stage 3 of the manufacturing process has a 20% chance of finishing on time. If it does finish on time, the chance of Stage 4 finishing late is 25%. The overall chance of Stage 4 finishing on time is 45%. What is the chance tha Stage 4 finishes late if Stage 3 finished late?

A First Course in Probability (10th Edition)
10th Edition
ISBN:9780134753119
Author:Sheldon Ross
Publisher:Sheldon Ross
Chapter1: Combinatorial Analysis
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Problem 1.1P: a. How many different 7-place license plates are possible if the first 2 places are for letters and...
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You are analysing a factory. Stage 3 of the manufacturing process has a 20% chance
of finishing on time. If it does finish on time, the chance of Stage 4 finishing late is
25%. The overall chance of Stage 4 finishing on time is 45%. What is the chance that
Stage 4 finishes late if Stage 3 finished late?
Round your answer to 2 decimal places.
Transcribed Image Text:You are analysing a factory. Stage 3 of the manufacturing process has a 20% chance of finishing on time. If it does finish on time, the chance of Stage 4 finishing late is 25%. The overall chance of Stage 4 finishing on time is 45%. What is the chance that Stage 4 finishes late if Stage 3 finished late? Round your answer to 2 decimal places.
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