The Probability That a New Advertising Campaign Will Increase Sales

question 61

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 the
Cost is kept within budget and the campaign will increase sales is:

• A) 0.20
• B) 0.32
• C) 0.40
• D) 0.88

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Definitions:

Facial Recognition

A technology capable of identifying or verifying a person from a digital image or a video frame by analyzing facial features.

Unsupervised Learning

A type of machine learning that infers patterns from unlabeled data without guidance.

Crowdsourcing

The practice of obtaining information, ideas, or content by soliciting contributions from a large group of people, particularly from an online community.

Crowdfunding

Crowdfunding is a method of raising capital through the collective effort of friends, family, customers, and individual investors, often facilitated through online platforms.