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You are a stock analyst. A company is planning to launch a new advertising campaign that is likely to influence its stock price. Here are
You are a stock analyst. A company is planning to launch a new advertising campaign that is likely to influence its stock price. Here are some reasonable assumptions: There is a 60% probability of launching an advertising campaign. If the company launches the campaign, there is a 75% probability that its stock price will increase. If a company does not launch the advertising campaign, there is a 30% probability that its stock price will increase. Find the probability that the company's stock price will increase
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