Raymond B. answered 08/30/25
Math, microeconomics or criminal justice
Urn I has 3 gold, Urn II 1 gold 1 silver, Urn 3 has 2 silver
select an Urn randomly, if the coin is gold what is probability it came from Urn I?
off hand guess is 75%= 3/4 chance as 3 out of 4 of the gold coins are in Urn I
Use Bayes theorem find Pr(I/g)
Pr(g/I)P(I) = P(I/g)P(g)
Pr(I/g) = Pr(g/I)P(I)/Pr(g) = 100%(1/3)/(3/4) = (1/3)(4/3)=4/9 = 44 4/9 %, so wild guess was off a bit