--%>

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 : Explain Black–Scholes model Explain

    Explain Black–Scholes model.

  • Q : Area Functions & Theorem Area Functions

    Area Functions 1. (a) Draw the line y = 2t + 1 and use geometry to find the area under this line, above the t - axis, and between the vertical lines t = 1 and t = 3. (b) If x > 1, let A(x) be the area of the region that lies under the line y = 2t + 1 between t

  • Q : Problem on mixed-strategy equilibrium

    Assume three Offices (A, B, & C) in downtown,  simultaneously decide whether to situate in a new Building. The payoff matrix is illustrated below. What is (are) the pure stratgy Nash equilibrium (or equilibria) and mixed-strtegy equilibrium of the game?

  • Q : Graph Theory is the n-Dimensional Qn

    is the n-Dimensional Qn Hamiltonian? Prove tour answer

  • Q : Competitive equilibrium 8. Halloween is

    8. Halloween is an old American tradition. Kids go out dressed in costume and neighbors give them candy when they come to the door. Spike and Cinderella are brother and sister. After a long night collecting candy, they sit down as examine what they have. Spike fi

  • Q : Problem on sales and budget XYZ Farm

    XYZ Farm Supply data regarding the store's operations follow: • Sales are budgeted at $480,000 for November, $430,000 for December, and $340,000 for January. • Collections are expected

  • Q : Problem on mass balance law Using the

    Using the mass balance law approach, write down a set of word equations to model the transport of lead concentration. A) Draw a compartmental model to represent  the diffusion of lead through the lungs and the bloodstream.

  • Q : State Prime number theorem Prime number

    Prime number theorem: A big deal is known about the distribution of prime numbers and of the prime factors of a typical number. Most of the mathematics, although, is deep: while the results are often not too hard to state, the proofs are often diffic

  • Q : Linear programming model of a Cabinet

    A cabinet company produces cabinets used in mobile and motor homes. Cabinets produced for motor homes are smaller and made from less expensive materials than those for mobile homes. The home office in Dayton Ohio has just distributed to its individual manufacturing ce

  • Q : Formal logic2 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