Morgan Wright
07/25/2023 · Senior High School

Content marketing is a strategic marketing approach companies use to create online content that attracts and retains customers. A survey of 1,976 marketers worldwide found \( 34 \% \) who believe their agency's approach to content marketing is extremely/very successful. For these agencies with a successful content marketing strategy, \( 73 \% \) use paid sponsored content on social media. How likely is it to find a marketing agency that pays for sponsored content on social media and has an extremely/very successful content marketing strategy? The probability that a marketing agency pays for sponsored content on social media and has an extremely/very successful content marketing strategy is (Type an integer or a decimal. Do not round.)

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The probability is \( 0.2482 \) or \( \frac{1241}{5000} \).

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