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Business Analytics · End Term · 1 Sept 2024 · May 2024 term

Question 14: If a randomly selected bulb from the production lot has …

Question 14

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DMS lighting produces 3 types of bulbs (Type-A, Type-B and Type-C). The probability that a Type-A bulb will give more than 100 hours (>= 100 hours) of life is 0.7, with the corresponding probabilities of Type-B and Type-C bulbs being 0.4 and 0.3 respectively. In any production, 20% of the bulbs are of Type-A, 30% are of Type-B and 50% are of Type-C. Then answer the given subquestions

If a randomly selected bulb from the production lot has a life of more than 100 hours, then what is the probability that it was of Type-B? (Note: Input your answer rounded to two decimal places. For example, if your answer is “1.235” then enter the answer as “1.24”)

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Correct answer: 0.29 (accepted within ±0.01)

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Question 14 of 38 in the IIT Madras BS Business Analytics (Business Analytics) End Term paper sat on 1 Sept 2024, in the May 2024 term (IIT M FOUNDATION DIPLOMA FN EXAM QDF1 01 Sep 2024). It carries 1 mark.

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