--%>

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 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 : Breakfast program if the average is

    if the average is 0.27 and we have $500 how much break fastest will we serve by 2 weeks

  • 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 : Set Theory & Model of a Boolean Algebra

    II. Prove that Set Theory is a Model of a Boolean Algebra The three Boolean operations of Set Theory are the three set operations of union (U), intersection (upside down U), and complement ~.  Addition is set

  • 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 : Properties of a group How can we say

    How can we say that the pair (G, o) is a group. Explain the properties which proof it.

  • 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 : 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 : Explain lognormal stochastic

    Explain lognormal stochastic differential equation for evolution of an asset.

  • Q : Explain Black–Scholes model Explain

    Explain Black–Scholes model.