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Question 1 of 29
A marketing team is planning a mobile campaign for a new product launch. They aim to increase user engagement through personalized push notifications. The team has segmented their audience into three distinct groups based on user behavior: frequent buyers, occasional buyers, and first-time visitors. They decide to allocate their budget of $30,000 for the campaign, distributing it based on the size of each segment. If the frequent buyers make up 50% of the audience, occasional buyers 30%, and first-time visitors 20%, how much budget should be allocated to each segment? Additionally, if the team expects a conversion rate of 5% for frequent buyers, 3% for occasional buyers, and 1% for first-time visitors, what would be the expected number of conversions from each segment if the total audience size is 10,000 users?
Frequent Buyers: $15,000; Occasional Buyers: $9,000; First-Time Visitors: $6,000; Expected Conversions: 250, 90, 20 respectively
Frequent Buyers: $12,000; Occasional Buyers: $10,000; First-Time Visitors: $8,000; Expected Conversions: 200, 80, 10 respectively
Frequent Buyers: $18,000; Occasional Buyers: $7,000; First-Time Visitors: $5,000; Expected Conversions: 300, 70, 15 respectively
Frequent Buyers: $10,000; Occasional Buyers: $12,000; First-Time Visitors: $8,000; Expected Conversions: 150, 60, 5 respectively

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