Three groups A, B, C are competing for positions on the Board of Directors of a company…

Mathematics · JEE Main · NTA ExamsStatistics and Probability

Three groups A, B, C are competing for positions on the Board of Directors of a company. The probabilities of their winning are 0.5, 0.3, 0.2 respectively. If the group A wins, the probability of introducing a new product is 0.7 and the corresponding probabilities for group B and C are 0.6 and 0.5 respectively. The probability that the new product will be introduced, is
  1. 0.18
  2. 0.35
  3. 0.10
  4. 0.63

Answer

(D) 0.63

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