Short Answer
Use the following
About 80% of people have seen television ads for a certain product. Of the individuals who see the ad, only 1% buy the product. Of the individuals who do not see the ad, 0.5% buy the product.
Round all answers to three decimal places.
-Suppose we randomly select an individual and discover that they have bought the product. What is the probability that they have seen the product's advertisement?
Correct Answer:
Verified
Correct Answer:
Verified
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