Question

the editor of a textbook publishing company is trying to decide whether to publish a proposed business statistics textbook. information on previous textbooks published indicate that 20% are huge successes, 30% are modest successes, 40% break even, and 10% are losers. however, before a publishing 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 30% of the losers received favorable review




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