Asked by Anonymous
An average response rate for a marketing letter is 4% of the people who receive the letter respond to it. A company 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.
Answers
Answered by
Ms. Sue
65/2400 = 0.027 = 2.7%
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