Question: Question 2 How will marketers change their social media use the near future? A survey by Social Media Examiner of B2B marketers (Marketers that focus

Question 2

How will marketers change their social media use the near future? A survey by Social Media Examiner of B2B marketers (Marketers that focus primarily on attracting businesses) and B2C marketers (marketers that primarily target consumers) was on 1,184 B2B marketers and 1,703 B2C marketers. The following table summarize the results:

BUSINESS FOCUS

Increase of LinkedInB2BB2CTotal

Yes9129201,832

No2727831,055

Total1, 1841,7032,887

a.Suppose you know the marketer is a B2B marketer, what is the probability that he or she plans to increase the use of LinkedIn?

b.Suppose you know that the marketer is a B2C marketer. What is the probability that he or she plans to increase use of LinkedIn?

c.Are the two events, increase use of LinkedIn and business focus, independent? Explain

For each part (a) through c) show all of your steps and define your terms.

Step by Step Solution

There are 3 Steps involved in it

1 Expert Approved Answer
Step: 1 Unlock blur-text-image
Question Has Been Solved by an Expert!

Get step-by-step solutions from verified subject matter experts

Step: 2 Unlock
Step: 3 Unlock

Students Have Also Explored These Related Mathematics Questions!

Q:

The effects of a tariff on imported kumquats can be divided into the following categories: tariff revenues received by the treasury ($8 million); increased use of resources to produce more kumquats...

Q:

2 . How will marketers change their social media use in the near future? A survey by Social Media Examiner reported that 7 6 % of B 2 B marketers ( marketers that focus primarily on attracting busi -...

Q:

2 . How will marketers change their social media use in the near future? A survey by Social Media Examiner reported that 7 6 % of B 2 B marketers ( marketers that focus primarily on attracting busi -...

Q:

2 . How will marketers change their social media use in the near future? A survey by Social Media Examiner reported that 7 6 % of B 2 B marketers ( marketers that focus primarily on attracting busi -...

Q:

2. How will marketers change their social media use in the near future? A survey was done reported that 78% of B2B marketers (marketers that focus primarily on attaching business) plan to increase...

Q:

1 Do Millennials or Gen - Xers feel more tense or stressed out at work? A survey of employed adults conducted online by Harris Interactive on behalf of the American Psychological Association revealed...

Q:

How will marketers change their social media use in the near future? A survey by Social Media Examiner reported that 7 6 % of B 2 B marketers ( marketers that focus primarily on attracting busi -...

Q:

How will marketers change their social media use in the near future? A survey by Social Media Examiner reported that 7 6 % of B 2 B marketers ( marketers that focus primarily on attracting busi -...

Q:

How will marketers change their social media use in the near future? A survey by Social Media Examiner reported that 7 6 % of B 2 B marketers ( marketers that focus primarily on attracting busi -...

Q:

How will marketers change their social media use in the near future? A survey by Social Media Examiner reported that 7 6 % of B 2 B marketers ( marketers that focus primarily on attracting busi -...

Q:

How will marketers change their social media use in the near future? A survey by Social Media Examiner reported that 7 6 % of B 2 B marketers ( marketers that focus primarily on attracting busi -...

Q:

Consider the monochlorination of 2-methylbutane. (a) Assuming that the product mixture was subjected to fractional distillation, which fractions, if any, would show optical activity? (b) Could any of...

Q:

The Blue Water Company (BW) has designed a new type of fishing boat fitted with the latest technology that it plans to export to the USA. The costs for the first boat are: Materials 10,000 Labour -...

Q:

The variable overhead rate variance for August is Hendrix Industries makes a product with the following standard costs: Standard Quantity or Hours Standard Price or Rate Standard Cost Per Unit Direct...

Q:

Ellison Electronics has Cash of $200, Accounts Receivable of $800, Supplies of $400, Supplies Expense of $200, and Service Revenue of $900. Ellison owes $300 on Accounts Payable, $500 on Salary...