What is the probability that it is supplied by supplier


Problem: A retailer sources its products from two separate suppliers, supplier A and B. The retailer needs two different products, product X and Y. Of all the products sourced, one can characterize any given product by two criteria: who supplies the product, and what is the product. The joint probability table is listed below. (This values are different from previous questions!) Given that we have a product Y, what is the probability that it is supplied by Supplier B? (Write down your answer in decimal numbers, e.g., 0.4. Do not round your answer.) Product X Product Y Total Supplier A 0.2 0.25 0.45 Supplier B 0.4 0.15 0.55 Total 0.6 0.4 1

 

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