The probability that a new advertising campaign will increase sales is assessed as being 0.85. The probability that the cost of developing the new ad campaign can be kept within the original budget allocation is 0.30. If the two events are independent, the probability that the cost is kept within budget or the campaign will increase sales is: a. 0.40 b. 0.895 c. 0.750 d. 0.885

College Algebra
7th Edition
ISBN:9781305115545
Author:James Stewart, Lothar Redlin, Saleem Watson
Publisher:James Stewart, Lothar Redlin, Saleem Watson
Chapter9: Counting And Probability
Section9.3: Binomial Probability
Problem 33E: Sick leave probability that a given worker at Dyno Nutrition Will call in sick on a Monday is 004....
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The probability that a new advertising campaign will increase sales is assessed as
being 0.85. The probability that the cost of developing the new ad campaign can be
kept within the original budget allocation is 0.30. If the two events are independent,
the probability that the cost is kept within budget or the campaign will increase sales
is:
a. 0,40
b. 0.895
c. 0.750
d.
10.885
Transcribed Image Text:The probability that a new advertising campaign will increase sales is assessed as being 0.85. The probability that the cost of developing the new ad campaign can be kept within the original budget allocation is 0.30. If the two events are independent, the probability that the cost is kept within budget or the campaign will increase sales is: a. 0,40 b. 0.895 c. 0.750 d. 10.885
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