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Answer: 0.55
Let and denote the events that a randomly chosen LED bulb is of Type 1 and Type 2, respectively. Since the shop has an equal number of both types of bulbs, their prior probabilities are:
Let be the event that a bulb lasts more than hours. The conditional probabilities given for each type are:
Using the Law of Total Probability, the probability that a randomly chosen bulb lasts more than hours is:
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