Posted by **glenda** on Saturday, July 6, 2013 at 12:17am.

a company has estimated that the probabilities of success for 3 products introduced in the market are 1/5,2/3, and 1/2, respectively. Assuming independence, find the probability that exactly 1 product is successful.

- algebra2 -
**MathMate**, Saturday, July 6, 2013 at 6:39am
Make a tree diagram assuming the products are introduced one after the other.

Assuming

A=success of product 1, and

a=failure of product 1, etc.

Required probability

=P(Abc)+P(aBc)+P(abC)

=(1/5)(1/3)(1/2)+(4/5)(2/3)(1/2)+(4/5)(1/3)(1/2)

=13/30

## Answer This Question

## Related Questions

- statistics - A company markets educational software products, and is ready to ...
- maths! - 6) There are three research and development projects focusing on the ...
- statistics, find the probability - It is known that 77% of all new products ...
- MATH PROBABILITY - The probability of a machine producing a defective product is...
- Math(Probability) need help - Three drugs are being tested for use as the ...
- statistics - It is known that 77% of all new products introduced in grocery ...
- Accounting - A meeting of senior managers at the Pringly Division has been ...
- Finance - The manager for a growing firm is considering the launch of a new ...
- Math - Three drugs are being tested for use as the treatment of a certain ...
- Math - Three drugs are being tested for use as the treatment of a certain ...

More Related Questions