Answer:
4.666666667 or 4.6_ (repeating decimal)
Answer:
account would be empty in 2 months
Step-by-step explanation:
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
