The Probability That a New Advertising Campaign Will Increase Sales

question 71

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.If the two events are independent,the probability that the cost is not kept within budget or the campaign will not increase sales is:

• A)0.12
• B)0.32
• C)0.68
• D)0.88

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Definitions:

Collaborative Computing

The use of computer technology to enhance the collective work made by teams of people, enabling better communication, data sharing, and project management.

Humor

The quality of being amusing or entertaining, often used as a tool to enhance interpersonal relationships and workplace culture.

Inspiration

The process of being mentally stimulated to do or feel something, especially to do something creative or achieve goals.

Application

The act of putting something to use or the process of applying something, such as knowledge, skills, or technology, for a specific purpose.