On Tuesday a Store Advertised a Special Sale for Wednesday

question 23

Multiple Choice

On Tuesday a store advertised a special sale for Wednesday.On Wednesday it was found that 60% of customers had known about the sale and,of these customers,40% bought a sale item.Of the customers that had not known about the sale,20% bought a sale item.If a customer bought a sale item,what is the probability that he or she had known about the sale?

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Definitions:

Problem Statement

A brief explanation of a problem that needs solving or a situation that requires enhancement.

Formal Work Plan

A detailed document that outlines the objectives, strategies, tasks, timelines, and resources required to complete a project or task.

Analytical Report

A document that presents detailed analysis and insights about a specific topic, often used to support decision-making processes.

Defined

Clearly stated or determined; not vague or general.