subject
Mathematics, 17.03.2020 05:06 joshuag9047

A large consumer goods company ran a television advertisement for one of its soap products. On the basis of a survey that was conducted, probabilities were assigned to the following events. B-individual purchased the product s-individual recalls seeing the advertisement Bns- individual purchased the product and recalls seeing the advertisemen The probabilities assigned were P(B) = .20, p(S)-.40, and P(B n S) .12. a. If an individual recalls seeing the advertisement, what is the probability that the individual purchased the product? Does seeing the advertisement increase the probability that the individual will purchase the product? As a decision maker, would you recommend continuing the advertisement (assuming that the cost is reasonable)?b. Before the television advertisement was run, what was the estimate company's market share percentage (to the nearest whole number)? Would you expect that continuing the advertisement will increase the company's market share?c. The company also tested another advertisement and assigned it values of P(S) .30 and P(B n s)10. What is P(B | S) for this other advertisement (to 3 decimals)? Which advertisement seems to have had the bigger effect on customer purchases?

ansver
Answers: 2

Another question on Mathematics

question
Mathematics, 21.06.2019 15:40
Which graph represents an even function?
Answers: 1
question
Mathematics, 21.06.2019 17:00
27 is what percent of 108? 27 is % of 108
Answers: 2
question
Mathematics, 21.06.2019 17:30
For each proportion find the unknown number x 1/5/8=×/15
Answers: 1
question
Mathematics, 21.06.2019 18:10
which of the following sets of data would produce the largest value for an independent-measures t statistic? the two sample means are 10 and 20 with variances of 20 and 25 the two sample means are 10 and 20 with variances of 120 and 125 the two sample means are 10 and 12 with sample variances of 20 and 25 the two sample means are 10 and 12 with variances of 120 and 125
Answers: 2
You know the right answer?
A large consumer goods company ran a television advertisement for one of its soap products. On the b...
Questions
question
Arts, 26.11.2021 17:20
question
Mathematics, 26.11.2021 17:20
question
English, 26.11.2021 17:20
question
Chemistry, 26.11.2021 17:20
Questions on the website: 13722363