The odds that a book will be reviewed favourably by three independent critics are 5 to 2,4 to 3 and 3 to 4 respectively; what is the probability that of three reviews a majority will be favourable?
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Let P1, P2, P3 denote the probabilities that first, second and third critics review the book.
Given odds in favour that first critic will review the book is 5:2
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Given odds in favour that second critic will review the book is 4:3
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Given odds in favour that third critic will review the book is 3:4
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Now the majority will be favourable if any of the two critics is favourable and third is unfavourable or all the three critics are favourable.
Hence the required probability is
= P1 P2 P3 +P1 P2 P3 + P1 P2 P3 + P1 P2 P3
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