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Three groups A, B and C are contesting f...

Three groups A, B and C are contesting for positions on the Board of Directors of a company. The probability of their winning are 0.5, 0.3 and 0.2, respectively. If the froup A wins, then the probabilityof introducing a new product is 0.7 and the corresponding probabilies for groups B and C are 0.6 and 0.5, respectively. Find the probability that the new product will be introduced.

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