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

probabilityof getting a book published by theeditorgetting huge success is 0.165.hugesuccesses, 30% aremodestsuccesses, 40%break evenand 10% arelosers.successesreceived favorablereviews.moderatesuccesses received favorable reviews.break-evenbooks received favorable reviews and 30% of thelosersreceived favorable reviews.hugesuccesses received favourable reviews) = 0.99moderatesuccesses received favourable reviews) = 0.7breakeven books received favourable reviews) = 0.4losersreceived favourable reviews) = 0.3Baye’s Theorem,probabilityof B happening, P(A/B) is the probability of Ahappeningknowing that B happened and P(A) is the probability of A happening.favorable reviewswhen it is a huge success.receivesfavorable reviews:chosenand receives favorable reviews. So,bookthat is a loser is chosen and receives favorable reviews. So,hugesuccess/favorable review ) = 0.1 x .99/ 0.598 = 0.165publishinga textbook is 0.165.Baye’s Theoremvisit: https://brainly.com/question/29100510