The head of operations for a movie studio wants to determine which of two new scripts they should select for their next major production. (Due to budgeting constraints, only one new picture can be undertaken at this time.) She feels that script 1 has a 70 percent chance of earning about $10,000,000 over the long run, but a 30 percent chance of losing $2,000,000. If this movie is successful, then a sequel will be produced, with an 80 percent chance of earning $5,000,000, but a 20 percent chance of losing $1,000,000. On the other hand, she feels that script 2 has a 60 percent chance of earning $12,000,000, but a 40 percent chance of losing $3,000,000. If successful, its sequel would have a 50 percent chance of earning $8,000,000, but a 50 percent chance of losing $4,000,000. Of course, in either case, if the original movie were a flop, then no sequel would be produced. What is the probability that script 1 will be a success, but its sequel will not?

Answers

Answer 1

Answer: $9,000,000

Step-by-step explanation:

Probability is simply defined as the chance or likelihood that an event is going to happen or occur.

The probability that script 1 will be a success, but its sequel will not is the success of script 1 added to the failure of its sequel.

The total payoff will simply be the sum of the individual layoffs of both the success and the failure. This will be:

= $10,000,000 + (- $1,000,000)

= $10,000,000 - $1,000,000

= $9,000,000

Answer 2

Using conditional probability, it is found that there is a 0.14 = 14% probability that script 1 will be a success, but its sequel will not.

Conditional Probability

[tex]P(B|A) = \frac{P(A \cap B)}{P(A)}[/tex]

In which

P(B|A) is the probability of event B happening, given that A happened. [tex]P(A \cap B)[/tex] is the probability of both A and B happening. P(A) is the probability of A happening.

In this question:

Event A: Script 1 is a sequel.Event B: It's sequel is not.

Sequel 1 has a 70% probability of being a success, hence [tex]P(A) = 0.7[/tex].If it is a success, the sequel has a 80% probability of being a success, hence a 20% probability of being a failure, thus [tex]P(B|A) = 0.2[/tex]

Then:

[tex]P(B|A) = \frac{P(A \cap B)}{P(A)}[/tex]

[tex]P(A \cap B) = P(A)P(B|A)[/tex]

[tex]P(A \cap B) = 0.7(0.2)[/tex]

[tex]P(A \cap B) = 0.14[/tex]

0.14 = 14% probability that script 1 will be a success, but its sequel will not.

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Related Questions

PLZ HELP ASAP! ANSWER ALL FOR BRAINLIEST

Answers

Answer:

4.

-building

-artisting

-selling

-making good

-trading

-farming

5. "Being settled meant being tied to land and possessions; being nomadic meant having a mobile community with a mobile food supply. This allowed nomads to attack and plunder resources. They could gain access to agricultural products without having to farm or trade."

6. " They were also trained in riding and archery, as they sometimes had to defend their communities from outsiders. Women’s graves sometimes contained weapons, suggesting they had a role in military life as well."

Step-by-step explanation:

Write a corresponding real-world problem for each equation.

1. 0.55x + 4.50 = 0.65x + 3.50

2. 8x + 80 = 4x + 120

Answers

Answer:

It is 2 because it is a math question with the factors on the multipulcation

Step-by-step explanation:

Jennifer paid $13.37 for a pack of 12 pairs of sport socks. What was the price of a pair of sport socks

Answers

Answer:

Each pair of socks cost around $1.11 excluding taxes.

Step-by-step explanation:

To find how much it costs for one pair of socks, divide the cost with how many pairs there are.  

13.37/12 = 1.11426...

Since we are determining the cost of each pair of socks, it's only justifiable if we round it to the nearest hundredths.

Therefore, a pair of socks cost around $1.11 excluding taxes.  

Can somebody please solve these thank you!

Answers

Answer:

1/2(-1/3)=-1/6

-2/5(-5/9)=2/9

-3/4(8/9)=-2/3

Answer:

1/2 multiplied by (-1/3)=-1/6 or 0.166666667

-2/5 multiplied by (-5/9)=2/9 or 0.222222222

-3/4 multiplied by 8/9=2/3 or 0.666666667

you just multiply.

Jamie will choose between two catering companies for an upcoming party. Company A charges a set up fee of $500 plus $25 for each guest. Company B charges a set up fee of $200 dollars plus 30per guest. How many guests are need where the price is equal

Answers

Answer:

60 guests

Step-by-step explanation:

We'll say that the number of guests is n.

We're looking for the n where both of these expressions are equal:

Company A (500 set-up fee, 25 for each guest)

500 + 25 * n

Company B (200 set-up fee, 30 for each guest)

200 + 30 * n

500 + 25n = 200 + 30n

Subtract 200 from both sides.

300 + 25n = 30n

Subtract 25n from both sides.

300 = 5n

We'll reverse the sides.

5n = 300

Divide both sides by 5.

n = 300/5 = 60

Thus, both companies are equal when n is 60, or when there are 60 guests.

4. Ariel loves to go to baseball games. This season she has already attended 23 New York Ducks games. If
Ariel attended nine more weekend games than weekday games, how many weekday games did she attend.

Answers

Answer: She attended to 7 weekday games.

Step-by-step explanation:

Let's denote our variables as:

Wd = number of weekday games that she attended.

We = number of weekend games that she attended.

We know that in total, she attended to 23 games, so we have:

Wd + We = 23.

"If  Ariel attended nine more weekend games than weekday games" can be written as:

We = Wd + 9.

Then we have the system of equations:

Wd + We = 23.

We = Wd + 9.

The first step would be to replace the second equation into the first one, as:

Wd + We = 23.

Wd + (Wd + 9) = 23

Now we can solve this for Wd.

2*Wd + 9 = 23

2*Wd = 23 - 9 = 14

Wd = 14/2 = 7

She attended to 7 weekday games.

And:

We + 7 = 23

We = 23 - 7 = 16

She attended at 16 weekend games.

What is 2.5 × 15.625

Answers

Answer:

39.0625

Step-by-step explanation:

Answer:

39.0625

Step-by-step explanation:

Miss Lawrence buys 8 ounces of smoked salmon at $17.98 per pound. How much money
does Miss Lawrence spend on the smoked salmon?

Answers

Answer:

1 pound = 16 ounces

 

She bought 8 ounces, which is 0.5 pounds.  Just multiply the number of pounds she bought by the price per pound.

 

(0.5 pounds)($17.98 per pound) = $8.99

Step-by-step explanation:

Answer: 8.99

Step-by-step explanation:

For what values of x will the result of 5 x be greater than 1?

Answers

Answer:

2&3

Step-by-step explanation:

2+3=5 or 3+2=5

You can continue on but you would need to use one and these are the two that are greater than 1 but make up 5.

The values of x for which the result of 5 x be greater than 1 would be 2 and 3.

What is the unitary method?

The unitary method is a method for solving a problem by the first value of a single unit and then finding the value by multiplying the single value.

If an event can occur in m different ways and if following it, a second event can occur in n different ways, then the two events in succession can occur in m × n different ways.

WE need to find the values of x for which the result of 5 x be greater than 1

WE can have that as;

2+3=5

or

3+2=5

Also we can continue on but we would need to use one and these are the two that are greater than 1 but make up 5.

Therefore, the values of x for which the result of 5 x be greater than 1 would be 2 and 3.

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A student winds a strip of paper eight times round a cylinderical pencil of diameter 7mm. Use the value 22/7 for the to find the length of the paper( ignore the thickness of the paper)

Answers

176 mm

...............

As per the circumference of a circle, the length of the paper is 176 mm.

What is the circumference of a circle?

The circumference of a circle is the total arc length of it.

The diameter of the pencil is(d) 7 mm

Therefore, the radius of the pencil is(r)

[tex]= \frac{d}{2} \\= 7/2 mm\\= 3.5 mm[/tex]

Now, the circumference of the cross-section of the pencil is

[tex]= 2[/tex](π)r units

[tex]= (2) (22/7) (3.5) mm\\= 22 mm[/tex]

Therefore, the length of the paper is

= (circumference of the cross-section of the pencil) × 8 units

[tex]= (22) (8) mm\\= 176 mm[/tex]

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A can factory requires 2 sheets of metal to make 36 cans and 10 sheets of metal to make 180 cans. The proportionality constant between the number of cans made and the number of sheets of metal used is 36 18 288 5

Answers

Answer:From the statement above, we can say that there is a direct relationship between the number of sheets used to the number of cans that can be made. That is, # of sheets is directly proportional to # of cans. We make an equation as follows:

let y = # of sheets

    x = # of cans

y = kx      where k is the proportionality constant

Assuming linear relationship of the two, we can use either data point as follows:

y = kx

2 = k(36)

k = 1/18

Therefore, the proportionality constant is 1/18.

Step-by-step explanation:

Kelly works 8 hours less than three times as much as Marcy works for the week. Which expression represent
the number of hours Kelly works in relation to Marcy.

Answers

Answer:

X= 3y-8

Where

X represent hours worked by Kelly

Y represent hours worked by Marcy

Step-by-step explanation:

Kelly works 8 hours less than three times as much as Marcy works for the week.

Let the number of hours worked by Kelly= x

Let the number of hours worked by Marcy= y

X= 3y-8

Simplify -4 1/6 - -6 1/3 Which of the following is correct?

Answers

Answer:

its 2 1/6 (B)

Step-by-step explanation:

Find a general solution. Show the steps of derivation. xy'=y+2x³sin²y/x (Set y/x=u)

Answers

Answer:

y = 2 tan(2x + c) - 4x

Step-by-step explanation:

See the attachment for the derivation and integration

How is making a ten to add the same as making a ten to subtract? How is it different?

Answers

Answer:

when adding a ten the number goes higher but when subtracting ten the number is lower than the original number  

Step-by-step explanation:

for example :

20+10= 30 ( its greater )

90-10=80( is lower )

Mr. Monasterio ran to The Burrito Barn at 10mph. He ate too many burritos and slowed to 6 mph on the way home. Find the time going to The Burrito Barn if the time coming back took 2 hours more than the time going. Don't forget to include units.

Answers

Answer:

it was 3 hours

Step-by-step explanation:

the thing said so

The heat in the house is set to keep the minimum and maximum temperatures (in degrees Fahrenheit) according to the equation |x – 72.5| = 4. What are the minimum and maximum temperatures in the house? 72.5°F and 76.5°F 68.5°F and 76.5°F 70.5°F and 74.5°F 72.5°F and 74.5°F

Answers

Answer:

The minimum and maximum temperatures in the house are 68.5°F and 76.5°.

To keep the house in heat, the minimum and maximum temperature is set to option 68.5°F and 76.5°F.

What is a word problem?

A word problem is a verbal description of a problem situation. It consists of few sentences describing a 'real-life' scenario where a problem needs to be solved by way of a mathematical calculation.

For the given situation,

The equation |x – 72.5| = 4.

The minimum and maximum temperatures can be found by substituting +4 and -4 in x.

Minimum temperature,

⇒ [tex]|+4-72.5|=|-68.5|[/tex]

⇒ [tex]68.5[/tex]

Maximum temperature,

⇒ [tex]|-4-72.5|=|-76.5|[/tex]

⇒ [tex]76.5[/tex]

Hence we can conclude that to keep the house in heat, the minimum and maximum temperature is set to option 68.5°F and 76.5°F.

Learn more about word problems here

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Community Gym charges a $55 membership fee and a $40 monthly fee. Workout Gym
charges a $125 membership fee and a $30 monthly fee. How many months will it take for
the cost of both gyms to be the same? and what is the cost of the gyms during that number
of months?

Answers

The gyms can be represented by these equations, with x for months. 40x+55= 30x+125. Combine like terms. First, subtract 30x from both sides, and you get 10x+55=125. Subtract 55 next. You now have 10x=70. Divide by 10, and you get x=7. It will take 7 months for them to be the same. To find the cost, you can plug in x. 40(7)+55=335. 30(7)+125=335. The cost is $335.

if f(x)= {2 for x>0, 0 for x=0, , then what is the value of -2 for x<0, f(7)-f(-4)?

Answers

Are you sure you've written the problem right...it says x can not equal 0 or 1

Answer:

C -2,1 or 3 0nly

Step-by-step explanation:

Just did it mark it brainliest

What is the y-intercept of the linear equation x-3y=-6?

Answers

To find the y-intercept, let x = 0.

0 - 3y = -6

-3y = -6

y = 2

The y-intercept of the equation is the point (0, 2).

Answer:

2

Step-by-step explanation:

Solve the equation for y. First subtract x from both sides then divide by -3. The result is y=1/3x+2 with the number "2" representing the y-intercept.

A projectile is launched from ground level with an initial velocity of 89 ft/sec. It's height(ft), t seconds after launching is given by s=-16t^2 + v0t + s0. a) Fine the time(s) the projectile will reach a height of 100 feet. b) find the time it takes the projectile to hit the ground

Answers

Answer:

Step-by-step explanation:

Initial Velocity of projection = 89ft/sec

height(ft), t seconds after launching is given by s=-16t^2 + v0t + s0

A) time the projectile will reach a height of 100 ft

s=-16t^2 + v0t

v0 = 89ft/sec

s = 100ft

100 = - 16t² + 89t

-16t² + 89t - 100 = 0

Using the online quadratic equation solver;

t = 4s or t = 1.5625

convert 35 kg into lb, then round it to two decimal places ​

Answers

Answer:

77.16 lbs

:)))))))))))))

What is the area of the figure?

Answers

Answer:

33[tex]\frac{1}{2}[/tex]

Step-by-step explanation:

Calculate the area of the large figure by multiplying the length and the width (7[tex]\frac{1}{4}[/tex]*6). Then, calculate the area of the smaller figure (5*3[tex]\frac{2}{3}[/tex]). Finally subtract  the area of the smaller figure from the area of the larger figure. ((7[tex]\frac{1}{4}[/tex]*6)-(5*3[tex]\frac{2}{3}[/tex])

Hope this helps!

solve the given triangle by finding the missing angle and other side lengths.

Answers

Answer: The missing angle (B) is 22 degrees

Step-by-step explanation:

a triangle in general is 180 degrees. You take the angles given

A(18) + B + C(140) = 180

Subtract A and C from each side and end up with B = 22 degrees.

You flip a fair coin until you see three tails in a row. What is the average number of headsthat you’ll see until gettingTTT?

Answers

Answer:

14

Step-by-step explanation:

From the given information:

suppose, Y is the number of times a coin is being flipped.

If the coin is flipped for the first time and we get H, then we have:

TTT = [tex]\dfrac{1}{2}(Y+1)[/tex]

Afterward, if we get H, then we waste two times plus the probability of this event [tex]\dfrac{1}{4}[/tex].

Therefore, we have : [tex]\dfrac{1}{4}(Y+2)[/tex]

Afterward, if we get H, then we waste three times plus the probability of this event [tex]\dfrac{1}{8}[/tex].

Therefore, we have : [tex]\dfrac{1}{8}(Y+3)[/tex]

If we got T at the third time, then;

T = [tex]\dfrac{1}{8}(3)[/tex]

Thus, average number of headsthat you’ll see until gettingTTT can be expressed as:

[tex]= \dfrac{1}{2}(Y+1)+ \dfrac{1}{4}(Y+2)+ \dfrac{1}{8}(Y+3)+ \dfrac{1}{8}(3)[/tex]

= 14

Fill in the blanks to complete the equation that describes the diagram.

Answers

Answer:

-1+7 =-7

Step-by-step explanation:

-1 + -6 = -7
That’s the answer.

CR 3
Part A: Which sentence about integers is NOT ALWAYS TRUE (1 point)
A. positive -positive = positive
B. positive + positive = positive
C. negative + negative = negative
D. positive - negative = positive

Answers

Answer:

A. positive -positive = positive

Gena and her friends each estimated the quotient of –137.56 divided by –6.12 using compatible numbers. Which shows the best estimate using compatible numbers? ​

Answers

Answer:

i think it would be a.

Step-by-step explanation:

Answer:Gena and her friends each estimated the quotient of –137.56 divided by –6.12 using compatible numbers. Which shows the best estimate using compatible numbers?

Negative 140 divided by negative 7 = 20

Negative 140 divided by 6 = 23.ModifyingAbove 3 with bar

Negative 135 divided by negative 7 = 22.5

Negative 135 divided by negative 5 = 27

Step-by-step explanation: The answer is A because it is showing the right way to do the step

write the sentence as a equations


the product of 248 and a is 391​

Answers

Answer:

248*a=391

Step-by-step explanation:

The number of hours a group of 12 children in Mrs. Smith's kindergarten class read in a day.

Answers

Anwser: 30min no more

Answer:

30 minuetes because their brain can take so many

Step-by-step explanation:

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