Question
Class 12MathematicsProbability
A company has estimated that the probabilities of success for three products introduced in the market are 1/3, 2/5 and 2/3 respectively. Assuming independence, find
(i) the probability that the three products are successful.
(ii) the probability that none of the products is successful.
Verified Answer
Consider the following results:
A = First product is successful, and B = second product is successful, C = Third product is successful.
