According to Masterfoods, the company that manufactures M&M’s, 12% of peanut M&M’s are brown, 15% are yellow, 12% are red, 23% are blue, 23% are orange and 15% are green. You randomly select peanut M&M’s from an extra-large bag looking for a red candy. (Round all probabilities below to four decimal places; i. e. your answer should look like 0.1234, not 0.1234444 or 12.34%.) Compute the probability that the first red candy is the third M&M selected.