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Save Anover 3 points An author wants to publish a new novel. The probabilities for the levels of demand for a new novel are as

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Save Anover 3 points An author wants to publish a new novel. The probabilities for the levels of demand for a new novel are as follows: Level of demand Probability Low 0.80 High 6.20 Prior to making a final decision, the author decides to have a reviewer with outstanding reputation to examine the novel. In the past, for novels with a low demand, 75% received unfavorable reviews. Of novels with a high demand, 90% received favorable reviews. After examining the author's novel, the reviewer gives it an unfavorable review. a Compute the revised probabilities with Bayes' rule now that you know that the reviewer gave an unfavorable review. Write the formula table and compute

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