Assignment:
Your firm’s total advertising budget has been set for the year. You (as marketing manager) expect to spend about $1,500,000 on TV commercials, with an uncertainty of $200,000 as the standard deviation. Your advertising agency collects a fee of 15% of this budget. Find the expected size of your agency’s fee and its level of uncertainty.
Your answer must be typed, double-spaced, Times New Roman font (size 12), one-inch margins on all sides, APA format and also include references.