The Probability That a New Advertising Campaign Will Increase Sales

question 6

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:

Series Contacts

Electrical contacts connected in a sequence where the current must flow through all contacts in order, used in circuits and safety systems.

Rung

A group of programmable logic controller instructions that controls an output or storage bit, or performs other control functions such as file moves, arithmetic, and/or sequencer instructions. A rung is represented as one section of a ladder logic diagram.

PLC Chassis

A PLC chassis provides the structural support to accommodate various PLC modules, including processors, input/output modules, and communication modules, facilitating their interconnection.