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Textbook publishers must estimate the sales of new (first-edition) books. The records indicate that 15% of all new books sell more than projected, 25% sell
Textbook publishers must estimate the sales of new (first-edition) books. The records indicate that 15% of all new books sell more than projected, 25% sell close to the number projected, and 60% sell less than projected. Of those that sell more than projected, 60% are revised for a second edition, as are 35% of those that sell close to the number projected, and 25% of those that sell less than projected. What percentage of books published go to a second edition? P(book goes to second edition)=enter your response here (Round to two decimal places as needed.)
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