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makvit [3.9K]
3 years ago
10

The editor of a textbook publishing company is deciding whether to publish a proposed textbook. Information on previous textbook

s published show that 20 %20% are huge​ successes, 30 %30% are modest​ successes, 30 %30% break​ even, and 20 %20% are losers. Before a decision is​ made, the book will be reviewed. In the​ past, 99 %99% of the huge successes received favorable​ reviews, 60 %60% of the moderate successes received favorable​ reviews, 40 %40% of the​ break-even books received favorable​ reviews, and 30 %30% of the losers received favorable reviews. If the textbook receives a favorable​ review, what is the probability that it will be huge​ success?
Mathematics
1 answer:
Vaselesa [24]3 years ago
4 0

Answer:

Probability = 0.198

Step-by-step explanation:

Given

Publish

Huge\ Success = 20\%

Modest\ Success = 30\%

Break\ Even = 30\%

Losers = 20\%

Favorable Reviews:

Huge\ Success = 99\%

Modest\ Success = 60\%

Break\ Even = 40\%

Losers = 30\%

Required

Determine the probability that a textbook is huge success and favorable

To do this, we simply multiply the probability of a textbook being huge success and being favorably reviewed. as follows;

Probability = 20\% * 99\%

Probability = 0.198

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