Posterior probability of being believed LOW
Posterior probability of being believed HIGH
Product Quality LOW
(proportion π )
δ + ( 1 − δ ) 2 π 1 − δ π
( 1 − δ ) ( 1 − π ) 1 − δ π
Product Quality HIGH
(proportion 1 − π )
( 1 − δ ) π 1 − δ π
1 − π 1 − δ π