What is the probability it was produced by the new


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 a randomly chosen widget was tested and found to be defective, what is the probability it was produced by the new machine?

   a. 0.08

   b. 0.15

   c. 0.489

   d. 0.511

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Financial Management: What is the probability it was produced by the new
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