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1. Okay, the ABR company has decided to laugh 3 new products, X,Y and Z. A survey has releaved that 1/2 of people would prefer product X, 1/3 of people would prefer product Y and 1/4 of people would prefer Z. What is the probability that product X and Y will be successful? And whats the probability that all 3 of these products will be successful?

Can you explain this to me thanks
2. Not enough information here- what does it mean for a product to be successful. And if these preference probabilities are over the other 2 choices then it doesn't make sense because they add up to more than 1.
3. (Original post by bcrazy)
Not enough information here- what does it mean for a product to be successful. And if these preference probabilities are over the other 2 choices then it doesn't make sense because they add up to more than 1.
i know they add to more than one thats why its confusing. They said the products are launch simultaneously

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Updated: November 28, 2010
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