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A chemical plant has an emergency alarm system. When emergency situation exists, the alarm sounds with probability 0.95. When emergency situation doesn't exist, the alarm system sounds with probability 0.02. A real emergency situation is the rare event with probability 0.004. Given that the alarm has just sounded, find out the probability that the real emergency situation exists?

Statistics and Probability, Statistics

  • Category:- Statistics and Probability
  • Reference No.:- M923177

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