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Two groups are competing for the position on the Board of directors of a corporation.

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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. Select the correct answer from above options

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E1 : 1st group will win E2 : 2nd group will win A : New product is introduced

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