A construction company employs three sales engineers. Engineers 1, 2, and 3 estimate the costs of 30%, 20%, and 50%, respectively, of all jobs bid by the company. For i = 1, 2, 3, define Ei to be the...


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A construction company employs three sales engineers. Engineers 1, 2, and 3<br>estimate the costs of 30%, 20%, and 50%, respectively, of all jobs bid by the company.<br>For i = 1, 2, 3, define Ei to be the event that a job is estimated by engineer i. The<br>following probabilities describe the rates at which the engineers make serious errors in<br>estimating costs:<br>P(error|E1) = .01, P(error|E2) = .03, and P(error|E3) = .02<br>%3D<br>a. If a particular bid results in a serious error in estimating job cost, what is the<br>probability that the error was made by engineer 1?<br>b. If a particular bid results in a serious error in estimating job cost, what is the<br>probability that the error was made by engineer 2?<br>c. If a particular bid results in a serious error in estimating job cost, what is the<br>probability that the error was made by engineer 3?<br>d. Based on the probabilities, parts a-c, which engineer is most likely responsible for<br>making the serious error?<br>

Extracted text: A construction company employs three sales engineers. Engineers 1, 2, and 3 estimate the costs of 30%, 20%, and 50%, respectively, of all jobs bid by the company. For i = 1, 2, 3, define Ei to be the event that a job is estimated by engineer i. The following probabilities describe the rates at which the engineers make serious errors in estimating costs: P(error|E1) = .01, P(error|E2) = .03, and P(error|E3) = .02 %3D a. If a particular bid results in a serious error in estimating job cost, what is the probability that the error was made by engineer 1? b. If a particular bid results in a serious error in estimating job cost, what is the probability that the error was made by engineer 2? c. If a particular bid results in a serious error in estimating job cost, what is the probability that the error was made by engineer 3? d. Based on the probabilities, parts a-c, which engineer is most likely responsible for making the serious error?

Jun 08, 2022
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