The Probability That a New Advertising Campaign Will Increase Sales

question 41

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 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:

Nutrition Counselors

Specialists who provide advice and guidance on diet and nutrition to help individuals maintain or achieve optimal health.

Journaling

The practice of regularly recording one's thoughts, feelings, or experiences in a diary or journal as a way of processing emotions, fostering self-awareness, or tracking progress.

Tracking Method

A strategy or tool used to systematically monitor progress, performance, or changes over time in various contexts.

Essential Steps

Fundamental actions or procedures required to achieve a particular goal or outcome.