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Mathematics, 13.12.2019 21:31 zlittleton2008
Some cars turn out to be "lemons" but, the quality of a new car is something that cannot be ascertained until after the car has been driven several hundred miles. the unlucky purchaser of a lemon may then try to unload it, by resale to someone else. let’s assume that 10% of all new cars are lemons, and that 90% of all lemons and 5% of all non-lemons are offered for sale within the first year of ownership. if so, what fraction of all cars offered for sale within the first year are lemons?
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Some cars turn out to be "lemons" but, the quality of a new car is something that cannot be ascertai...
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