what is the probability that the film will be a flop

T.C.Fox, marketing director for Metro-Goldmine Motion Pictures, believes that the studio's upcoming release has a 60 percent chance of being a hit, a 25 percent chance of being a moderate success, and a 15 percent chance of being a flop. To test the accuracy of his opinion, T.C. has scheduled two test screenings. After each screening, the audience rates the film on a scale of 1 to 10, 10 being the best. From his long experience in the industry, T.C. knows that 60 percent of the time, a hit picture will receive a rating of 7 or higher; 30 percent of the time, it will receive a rating of 4, 5, or 6; and 10 percent of the time, it will receive a rating of 3 or lower. For a moderately successful picture, the respective probabilities are 0.30, 0.45, and 0.25; for a flop, the respective probabilities are 0.15, 0.35, and 0.50.

(a) If the first test screening produces a score of 6, what is the probability that the film will be a hit?

(b) If the first test screening produces a score of 6 and the second screening yields a score of 2, what is the probability that the film will be a flop (assuming that the screening results are independent of each other)?

   Related Questions in Mathematics

  • Q : Problem on Datalog for defining

    The focus is on  the use of Datalog for defining properties  and queries on graphs. (a) Assume that P is some property of graphs  definable in the Datalog. Show that P is preserved beneath extensions  and homomo

  • Q : Problem on Maple (a) Solve the

    (a) Solve the following  by: (i) First reducing the system of first order differentiat equations to a second order differential equation. (ii) Decoupling the following linear system of equa

  • Q : Probability assignments 1. Smith keeps

    1. Smith keeps track of poor work. Often on afternoon it is 5%. If he checks 300 of 7500 instruments what is probability he will find less than 20substandard? 2. Realtors estimate that 23% of homes purchased in 2004 were considered investment properties. If a sample of 800 homes sold in 2

  • Q : Problem on budgeted cash collections

    XYZ Company collects 20% of a month's sales in the month of sale, 70% in the month following sale, and 5% in the second month following sale. The remainder is not collectible. Budgeted sales for the subsequent four months are:     

  • Q : Research Areas in Medical Mathematical

    Some Research Areas in Medical Mathematical Modelling:1. Modeling and numerical simulations of the nanometric aerosols in the lower portion of the bronchial tree. 2. Multiscale mathematical modeling of

  • Q : Formal Logic It's a problem set, they

    It's a problem set, they are attached. it's related to Sider's book which is "Logic to philosophy" I attached the book too. I need it on feb22 but feb23 still work

  • Q : Problem on Nash equilibrium In a

    In a project, employee and boss are working altogether. The employee can be sincere or insincere, and the Boss can either reward or penalize. The employee gets no benefit for being sincere but gets utility for being insincere (30), for getting rewarded (10) and for be

  • Q : Abstract Boolean Algebra I. Boolean

    I. Boolean Algebra Define an abstract Boolean Algebra, B,  as follows:  The three operations are:  +   ( x + y addition) ( x y multiplic

  • Q : Elementary Logic Set & Model of a

    Prove that Elementary Logic Set is a Model of a Boolean Algebra The three Boolean operations of Logic are the three logical operations of  OR ( V ), AN

  • Q : Uniform scaling what is uniform scaling

    what is uniform scaling in computer graphic

©TutorsGlobe All rights reserved 2022-2023.