Question

Q1. A company is planning the launch of a new product. It estimates the probability of good
market
conditions to be 80%. If market conditions are good the probability of a successful launch is
75°. if
market conditions are poor the probability of a successful launch is 50%.
(a) Find the probability that the launch is successful.
(b) If the product launch is unsuccessful what is the probability that the market conditions
were poor?​

Answer 1

Answer:

Find the probability that the launch is successful.

Step-by-step explanation: