On Any Given Morning, the Probability That Alex Catches His

question 95

Multiple Choice

On any given morning, the probability that Alex catches his 8 AM train into the city is .5.What is the likelihood that Alex will miss the train on five consecutive mornings?

• A).0014
• B).03125
• C).0658
• D).0871
• E).0026

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Definitions:

Traditional Advertising

Marketing efforts that use established channels such as television, radio, newspapers, and billboards to communicate to a broad audience.

Return On Investment

A measure used to evaluate the efficiency or profitability of an investment, calculated as the net profit from the investment divided by its cost.

Social Media Profile

An individual's or organization's public persona on a social media platform, consisting of various personal or business-related information and posts.

Marketing Plan

A comprehensive document outlining a company's advertising and marketing efforts for a specific period.