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The probability that a new advertising campaign will increase sales is assessed as being 0.80. The probability that the cost of developing the new ad
The probability that a new advertising campaign will increase sales is assessed as being 0.80. The probability that the cost of developing the new ad campaign can be kept within the original budget allocation is 0.40. If the two events are independent, what is the probability that the cost is kept within budget and the campaign will increase sales?
A. | 0.20 | B. | 0.40 | C. | 0.88 | D. | 0.32 |
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