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A small decision analysis 1

Each visitor spends $2.53 on average, a video ad costs $0.25 and a text ad costs $0.05. Let's figure out the probable profit when using video ads and text ads!

This exercise is part of the course

Fundamentals of Bayesian Data Analysis in R

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Hands-on interactive exercise

Have a go at this exercise by completing this sample code.

visitor_spend <- 2.53
video_cost <- 0.25
text_cost <- 0.05

# Add the column posterior$video_profit
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