The editor of a textbook pukilishing company is trying to decide whether to publish a proposed business statistice lexibook. Information on previous texibooks publiahed indicale that tok are huge sucoesses, 20% are modest suocesses, 50% break even, and 20% are losers. However, betore a publshing decisich is made, the book will be reviewed. In the pane, 99% of the huge successes receved tavorable reviows, 60% of the moderate successes received favorable feview. 50N of the break-aven books receved favorable coviews, and joF of the hesers received tavorable reviews. Complete parts (a) and (b) a. If the proposed textbook recelves a favorable review, how should the editor revise the probabilites of the variout culcomses to take this information inte account? The probabiity that if the proposed tectbook receives a favorable review, the book wil be a huge success is (Round to three decimal places as needed) The probablity that it the proposed textbook recelves a favorabie revin, the book will be a modost suocess is (Round to three decimal places as needed) The probabily that if the propesed sextbook recelves a favorable review, the book will break even is (Round to throe decimal places as needed.) The probabiily that if the proposed textbook receives a favorable review, the book wall be a loter is (Round to three decimal places as needed.) b. What proportion of textbooks recelves tavorable reviews? The proportion of lexthooks suat receive a favorable reviens is (Round to three decimal places as needed.)