Solved

The Probability That a New Advertising Campaign Will Increase Sales

Question 83

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, the probability that
Neither the cost is kept within budget nor the campaign will increase sales is:


A) 0.12
B) 0.32
C) 0.68
D) 0.88

Correct Answer:

verifed

Verified

Unlock this answer now
Get Access to more Verified Answers free of charge

Related Questions