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Q9:
Two groups are competing for the position on the Board of directors of a corporation. The probabilities that the first and the second groups will win are 0.6 and 0.4 respectively. Further, if the first group wins, the probability of introducing a new product is 0.7 and the corresponding probability is 0.3 if the second group wins. Find the probability that the new product introduced was by the second group.

Solution :

Step 1: Definition of Events and Initial Probabilities

Let the events be defined as follows:

  • $E_1$: The first group wins the election.
  • $E_2$: The second group wins the election.
  • $A$: A new product is introduced.

Based on the provided data, the prior probabilities are:

  • $P(E_1) = 0.6$
  • $P(E_2) = 0.4$

[Justification: The sum of probabilities for mutually exclusive and exhaustive events must equal 1, i.e., $0.6 + 0.4 = 1$.]

Step 2: Conditional Probabilities

The probabilities of introducing a new product given the winning group are:

  • $P(A|E_1) = 0.7$ (Probability of new product given group 1 wins)
  • $P(A|E_2) = 0.3$ (Probability of new product given group 2 wins)

Step 3: Calculating Total Probability of Event A

By the Law of Total Probability, the probability that a new product is introduced is calculated as:

$P(A) = P(E_1) \cdot P(A|E_1) + P(E_2) \cdot P(A|E_2)$

$P(A) = (0.6 \times 0.7) + (0.4 \times 0.3)$

$P(A) = 0.42 + 0.12 = 0.54$

Step 4: Applying Bayes' Theorem

We need to find the probability that the new product was introduced by the second group, given that a new product was introduced. We seek $P(E_2|A)$.

[Per Bayes' Theorem: $P(E_2|A) = \frac{P(E_2) \cdot P(A|E_2)}{P(E_1) \cdot P(A|E_1) + P(E_2) \cdot P(A|E_2)}$]

$P(E_2|A) = \frac{0.4 \times 0.3}{0.54}$

$P(E_2|A) = \frac{0.12}{0.54}$

Step 5: Simplification

$P(E_2|A) = \frac{12}{54} = \frac{2}{9}$

$E_1 (0.6)$ $E_2 (0.4)$ $A (New Product)$ $0.7$ $0.3$

Final Solution: The probability that the new product was introduced by the second group is $\frac{2}{9}$ or approximately $0.222$.


More Questions from Class 12 Mathematics Probability EXERCISE 13.3


CBSE Solutions for Class 12 Mathematics Probability


Chapters in CBSE - Class 12 Mathematics


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