A company is considering producing two new electronic games designed for the popular Gameboy toy.Based on market data, management believes that there is a 60 percent chance that a "cops and robbers" game will be successful and a 40 percent chance that a "let's play house" game will be successful.As these products are completely different, it may be assumed that the success of one is totally independent of the success of the other.If two products are introduced to the market, what is the probability that both are successful?
A)0.12
B)0.60
C)0.36
D)0.24

Question

Quizplus · Accepted Answer

Since the success of one product is independent of the success of the other, the probability that both are successful is the product of their individual probabilities of success: 0.60 * 0.40 = 0.24.

A Company Is Considering Producing Two New Electronic Games Designed