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5)Two sets of candidates are competing for the position on the board of directors of a company. The probabilities that the first and second sets will win are 0. 6 and 0. 4 respectively. If the first set wins, the probability of introducing a new product i

5)Two sets of candidates are competing for the position on the

board of directors of a company. The probabilities that the first and

second sets will win are 0. 6 and 0. 4 respectively. If the first set wins,

the probability of introducing a new product is 0. 8 and the correspond-

ing probability if the second set wins is 0. 3. What is the probability that

the new product will be introduced

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