Probability I: Introductory Ideas

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 rate the film on a scale of 1 to 10, 10 being best.

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