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Tony's Pizzeria placed a $ 1 . 0 0 - off coupon in a cooperative mailing. The cooperative mailing will be distributed to 1 million
Tony's Pizzeria placed a $off coupon in a cooperative mailing. The cooperative mailing will be distributed to million people at a cost of $ per thousand. Tony's paid $ to get an agency to design and lay out ther coupon insert. Tony's marketing manager estimates that percent of consumers who receive the coupon will redeem it but that percent of those redemptions will not be accompanied by a valid product purchase. Consumers will redeem the coupons by submitting them directly to Tony's. How many products should Tony's expect to sell through this promotion?
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