Two Professors at a Nearby University Want to Co-Author a New

question 25

Multiple Choice

Two professors at a nearby university want to co-author a new textbook in either economics or statistics.They feel that if they write an economics book they have a 50% chance of placing it with a major publisher where it should ultimately sell about 40,000 copies.If they can't get a major publisher to take it,then they feel they have an 80% chance of placing it with a smaller publisher,with sales of 30,000 copies.On the other hand if they write a statistics book,they feel they have a 40% chance of placing it with a major publisher,and it should result in ultimate sales of about 50,000 copies.If they can't get a major publisher to take it,they feel they have a 50% 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)0 6
• B)0 5
• C)0 4
• D)0 3
• E)0

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Definitions:

Theoretical Position

An individual's or group's stance or perspective based on a set of theories in a particular field of study.

Negative Sanctions

Punishments or penalties imposed on individuals or groups to discourage noncompliance with norms, laws, or regulations.

Biological Sex

The classification of human beings, typically as male or female, based on physiological and genetic characteristics.

Gender Role

The set of behaviors associated with widely shared expectations about how males or females are supposed to act.