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Mathematics, 21.05.2020 03:59 depression4eternity
The editor of a textbook publishing company is deciding whether to publish a proposed textbook. Information on previous textbooks published show that 20 % are huge successes, 30 % are modest successes, 30 % break even, and 20 % are losers. Before a decision is made, the book will be reviewed. In the past, 99 % of the huge successes received favorable reviews, 70 % of the moderate successes received favorable reviews, 40 % of the break-even books received favorable reviews, and 20 % of the losers received favorable reviews. If the textbook receives a favorable review, what is the probability that it will be huge success?
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