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Numbered disks are placed in a box and one disk is selected at random. If there are 2 red disks numbered 1through 2, and 6 yellow disks numbered 3 through 8, find the probability of selecting a red disk, given that anodd-numbered disk is selected.
Brand Extension
The strategy of using an established brand name on new products or services to leverage existing brand equity and expand market reach.
Clorox Bleach
A brand of bleach products known for their effectiveness in cleaning, disinfecting, and whitening, produced by The Clorox Company.
Kleenex Tissues
A brand of facial tissues widely recognized for its softness and reliability, often used as a generic term for facial tissues.
Brand Loyal
The extent to which a consumer consistently purchases the same brand over time instead of switching to competitors.
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