A manufacturing firm produces two types of products: Product A and Product B. 60% of the production outputs are Product A, and the remaining is product B. These two products are run by three production lines: Line 1, Line 2, and Line 3. 40% of product A is produced by Line 1, 35% by Line 2, and 25% by Line 3. On the other hand, 30% of Product B is produced by Line 1, 25% by line 2, and 45% by line 3. • Calculate the probability that a randomly selected product is produced by Line 1. Provide your answer in two decimal places. • If a product is randomly selected from Line 1, what is the probability that it is Product B?