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zepelin [54]
3 years ago
8

An average response rate for a marketing letter is 4%, meaning that 4% of the people who receive the letter respond to it. A com

pany writes a new type of marketing letter, sends out 2,400 of them, and gets 65 responses. Explain whether the new type of letter would be considered to be a success.
Mathematics
1 answer:
kherson [118]3 years ago
7 0

\frac{65}{2400}  \times 100\% \\  = 2.71\%

Answer : No, the new type of letter wouldn't be considered as a success because its response rate (2.71%) is lower than the average response rate which is 4%.

Hope this helps. - M
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