THE NEXT QUESTIONS ARE BASED ON THE FOLLOWING INFORMATION

question 48

Essay

THE NEXT QUESTIONS ARE BASED ON THE FOLLOWING INFORMATION:
A company wishes to evaluate the effectiveness of a marketing campaign.Seventy five percent of all potential professors were reached in a focused advertising program.Twenty eight percent of those contacted adopted the book while 8% of the adoptions came from professors who did not receive the promotional material.Define the following events of interest:
A₁ = Professor received advertising material
A₂ = Professor did not receive advertising material
B₁ = Professor adopts the book
B₂ = Professor does not adopt the book
-What is the probability that a professor who adopts the book has not received the advertising material?

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Definitions:

Foreseeable Future

A term used to describe the period of time in which an event or condition can reasonably be predicted to occur based on current knowledge and conditions.

Judge's Decision

The ruling or verdict given by a judge at the end of a trial, which determines the outcome of the case.

Case Is Ripe

A legal principle indicating that a case has developed enough to be adjudicated by a court, primarily used in administrative law to prevent premature litigation.

ADR

Alternative Dispute Resolution refers to a range of processes that help parties resolve disputes without going to trial.