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

question 4

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:

Insulin

A hormone produced by the pancreas that regulates blood sugar levels by facilitating the uptake of glucose into tissues.

Glucose Transport

The process by which glucose is moved across cell membranes, typically involving specific transport proteins, to provide energy to cells.

Cells

The basic structural, functional, and biological unit of all known living organisms, serving as the basic unit of life.

Absorptive Cells

Cells lining the mucosa of the small intestine and involved in the absorption of nutrients from digested food into the bloodstream.