Answer: 33.3%
Step-by-step explanation: I did this on saavas. also for part b the answer is 32.5.
Answer:
The probability that the cost is kept within budget or the campaign will increase sales is 0.88
Step-by-step explanation:
The probability that the cost is kept within budget (event A) <u>or</u> the campaign will increase sales (event B) is the <u>union</u> of the probability of those two events. By basic properties of probability, this is:
P(A ∪ B) = P(A) + P (B) - P(A ∩ B)
and for independent events:
P(A ∩ B) = P(A) * P(B)
So:
P(A ∪ B) = 0.80 + 0.40 - (0.80*0.40) = 1.20 - 0.32 = 0.88
If you subtract 2.8 from 0.92, you will get 1.88
To answer you do 5 times 4 times 3 to get 60