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A Company Has 2 Machines That Produce Widgets

question 86

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A company has 2 machines that produce widgets.An older machine produces 23% defective widgets,while the new machine produces only 8% defective widgets.In addition,the new machine produces 3 times as many widgets as the older machine does.Given that a widget was produced by the new machine,what is the probability it is not defective?

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Definitions:

Division's

Relates to a section or branch of a company that operates semi-independently and focuses on a particular product line, market segment, or geographical area.

ROI

Return on Investment, a metric used to evaluate the efficiency of an investment or compare the efficiency of several investments.

Investment Opportunity

A situation or venture that has the potential to generate a return on investment.

Average Operating Assets

The mean worth of resources employed in the functioning of a company throughout a given timeframe.

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