According to a figure referenced in a recent article in the
According to a figure referenced in a recent article in the New… According to a figure referenced in a recent article in the New York Times, Joy Baking Group makes60% to 70% of the ice cream cones sold in food service. At each factory, cones are inspected forimperfections such as cracks, bumps, and uneven coloring.Joy Baking Group has four factories producing cones. Suppose that Factory A produces 40% ofcones, Factory B produces 30% of cones, Factories C and D each produce 15% of cones and thatthe rate of imperfections at Factories A through D, respectively, is 1%, 1.5%, 2%, and 2.5%.Suppose that at an ice cream shop, a worker discovers an imperfect cone. Under the assumptionthat this cone was randomly selected from all Joy cones produced that year, is this cone morelikely to have come from Factory A or Factory D? How much more (or less) likely is the cone tohave come from Factory A versus D?Be sure to show the work behind your final answer.Accounting Business Financial Accounting STAT STAT100
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