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Whenever the TV is turned on it will either start on Channel 7 or 8. Channel 7 only runs the news, while channel 8 runs both the news and cartoons.

Sydney: "When I turn the TV on there will be a 2 out of 3 chance that the news will be on"

Josh: "There is a 70% chance that the TV will start on Channel 8"

If the statement in the box is true, whose reasoning is correct?