Two Professors at a Nearby University Want to Coauthor a New

question 77

Multiple Choice

Two professors at a nearby university want to coauthor a new textbook in either economics or statistics. They feel that if they write an economics book, they have a 50 percent chance of placing it with a major publisher, and it should ultimately sell about 40,000 copies. If they cannot get a major publisher to take it, then they feel they have an 80 percent chance of placing it with a smaller publisher, with ultimate sales of 30,000 copies. On the other hand, if they write a statistics book, they feel they have a 40 percent chance of placing it with a major publisher, and it should result in ultimate sales of about 50,000 copies. If they cannot get a major publisher to take it, they feel they have a 50 percent chance of placing it with a smaller publisher, with ultimate sales of 35,000 copies.
What is the probability that the statistics book would wind up being placed with a smaller publisher?

• A) .6
• B) .5
• C) .4
• D) .3
• E) 0

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Definitions:

Shared Training Facilities

Training resources or locations that are used collaboratively by multiple organizations or departments to reduce costs and improve efficiency.

Inter-Unit Conflict

Disagreements or disputes that arise between different units or departments within an organization, potentially affecting its functioning and performance.

Conflict Sources

The origins or causes of disagreements or disputes, which can range from personal differences to conflicting objectives or resources.

Expert Power

The influence possessed by an individual due to their expertise, skills, or knowledge in a particular area.