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Sonysung is considering marketing a new model of television. In the past, 4 0 % of the televisions introduced by the company have been successful

Sonysung is considering marketing a new model of television. In the past, 40% of the televisions
introduced by the company have been successful and 60% have been unsuccessful. Before introducing the
television to the marketplace, the marketing research department conducts an extensive study and releases
a report, either favorable or unfavorable. In the past, 80% of the successful televisions had received a
favorable market research report and 30% of the unsuccessful televisions had received a favorable report.
For the new model of television under construction, the market research department has issued a
favorable report. What is the probability that the television will be successful?
a. Produce a probability tree on the above question.
b. Use the tabular approach in Excel to answer the above question

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