A market research firm has determined that 40% of the people in a certain area have seen

Question:

A market research firm has determined that 40% of the people in a certain area have seen the advertising for a new product and that 85% of those who have seen the advertising have purchased the product. What is the probability that a person in this area has seen the advertising and purchased the product?

Fantastic news! We've Found the answer you've been seeking!

Step by Step Answer:

Related Book For  book-img-for-question

College Mathematics For Business Economics, Life Sciences, And Social Sciences

ISBN: 978-0134674148

14th Edition

Authors: Raymond Barnett, Michael Ziegler, Karl Byleen, Christopher Stocker

Question Posted: