Multiple Choice
The probability that a new advertising campaign will increase sales is assessed as being 0.80. The probability that the cost of developing the new ad campaign can be kept within the original budget allocation is 0.40. Assuming that the two events are independent, what is the probability that the cost is kept within budget or the campaign will increase sales?
A) 0.32
B) 0.88
C) 0.20
D) 0.68
Correct Answer:
Verified
Correct Answer:
Verified
Q41: If P (A or B)= 1.0,then A
Q87: TABLE 4-8<br>According to the record of the
Q90: TABLE 4-9<br>A survey conducted by the Segal
Q93: Suppose A and B are events where
Q94: Simple probability is also called<br>A) Bayes' theorem.<br>B)
Q96: According to a survey of American households,
Q98: If two events are collectively exhaustive, what
Q101: If either A or B must occur
Q134: There are only 4 empty rooms available
Q170: TABLE 4-9<br>A survey conducted by the Segal