document.write( "Question 1197314: b. A manufacturer of a firm claims that 70% of its new hires turn out to be good workers and the\r
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document.write( "rest are to be poor workers. The company advised their current workers to qualify a reasoning\r
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document.write( "test. Eighty percent of the good workers and forty percent of the poor workers pass the reasoning test. If the company makes the reasoning test be a part of its hiring procedure, what then is the\r
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document.write( "probability of the new hires that,\r
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document.write( "i.will turn out to be good workers? (Marks -4]
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document.write( "ii. will turn out to be poor workers? (Marks-4]\r
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document.write( "iii. Depict the turn out percentage of the workers on the Bayes' tree diagram. [Mark-1] \n" );
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Algebra.Com's Answer #848361 by onyulee(41)![]() ![]() ![]() You can put this solution on YOUR website! **i. Probability of a new hire being a good worker given they pass the test:**\r \n" ); document.write( "\n" ); document.write( "* **Let:** \n" ); document.write( " * G: Event that a new hire is a good worker \n" ); document.write( " * P: Event that a new hire passes the reasoning test \r \n" ); document.write( "\n" ); document.write( "* **Given:** \n" ); document.write( " * P(G) = 0.70 (Probability of a good worker) \n" ); document.write( " * P(P|G) = 0.80 (Probability of passing the test given they are a good worker) \n" ); document.write( " * P(P|G') = 0.40 (Probability of passing the test given they are a poor worker) \n" ); document.write( " * P(G') = 1 - P(G) = 0.30 (Probability of a poor worker)\r \n" ); document.write( "\n" ); document.write( "* **Use Bayes' Theorem:**\r \n" ); document.write( "\n" ); document.write( " P(G|P) = [P(P|G) * P(G)] / [P(P|G) * P(G) + P(P|G') * P(G')]\r \n" ); document.write( "\n" ); document.write( " P(G|P) = [0.80 * 0.70] / [(0.80 * 0.70) + (0.40 * 0.30)] \n" ); document.write( " P(G|P) = 0.56 / (0.56 + 0.12) \n" ); document.write( " P(G|P) = 0.56 / 0.68 \n" ); document.write( " P(G|P) ≈ 0.8235 \r \n" ); document.write( "\n" ); document.write( "**Therefore, the probability of a new hire being a good worker given they pass the reasoning test is approximately 0.8235 or 82.35%.**\r \n" ); document.write( "\n" ); document.write( "**ii. Probability of a new hire being a poor worker given they pass the test:**\r \n" ); document.write( "\n" ); document.write( "* **Use the complement rule:** \n" ); document.write( " * P(G'|P) = 1 - P(G|P) \n" ); document.write( " * P(G'|P) = 1 - 0.8235 \n" ); document.write( " * P(G'|P) = 0.1765\r \n" ); document.write( "\n" ); document.write( "**Therefore, the probability of a new hire being a poor worker given they pass the reasoning test is approximately 0.1765 or 17.65%.**\r \n" ); document.write( "\n" ); document.write( "**iii. Bayes' Tree Diagram**\r \n" ); document.write( "\n" ); document.write( "* **Root Node:** \"New Hire\" \n" ); document.write( "* **Branch 1:** \"Good Worker\" (0.70) \n" ); document.write( " * Sub-branch: \"Passes Test\" (0.80) \n" ); document.write( " * Sub-branch: \"Fails Test\" (0.20) \n" ); document.write( "* **Branch 2:** \"Poor Worker\" (0.30) \n" ); document.write( " * Sub-branch: \"Passes Test\" (0.40) \n" ); document.write( " * Sub-branch: \"Fails Test\" (0.60)\r \n" ); document.write( "\n" ); document.write( "**Note:** The probabilities on the branches of the tree diagram represent the conditional probabilities given the preceding event.\r \n" ); document.write( "\n" ); document.write( "This analysis shows that implementing the reasoning test significantly increases the likelihood of hiring good workers. \n" ); document.write( " \n" ); document.write( " |