Question

What is the response rate for the philanthropic organization's fundraising letter, if they typically get a return from about 5% of the people on their mailing list? Option a) 0.05 Option b) 0.25 Option c) 0.50 Option d) 0.95

Answer 1

Answer: option a) 0.05.

Step-by-step explanation:

The response rate for the philanthropic organization's fundraising letter, based on their typical return from about 5% of the people on their mailing list, is option a) 0.05.