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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.

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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. | Shiksha Nation