Math 1 Quiz
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STATISTICS & PROBABILITY
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A quality control inspector at a factory tests electronic components. Historical data shows that 2% of components are defective. The inspector uses a testing device that correctly identifies defective components 95% of the time and correctly identifies non-defective components 98% of the time.
If the testing device indicates that a randomly selected component is defective, what is the probability that the component is actually defective?
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