The Probability That the Cost of Developing the New Ad

question 77

Multiple Choice

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

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Definitions:

Incidence

The occurrence, rate, or frequency of a disease, crime, or something else undesirable.

Mental Disorders

A wide range of conditions that affect mood, thinking, and behavior, often leading to distress or impairment in daily functioning.

Gender Differences

Variations in characteristics, behaviors, and roles traditionally associated with being male or female.

Incidence

The frequency at which new cases of a particular disease or event occur within a specific population or area over a certain period of time.