Determine the value of the probability

Assignment Help Finance Basics
Reference no: EM13788802

The multiplication rule is used for finding the probability that event A occurs in a first trial and event B occurs in a second trail.

P(A and B)

Now to determine the value of the probability of A and B, we need to figure out if the events are independent or dependent.

Independent : The outcome of one event doesn't affect the outcome of the other event.

Dependent: If the outcome or occurrence of the first affects the outcome or occurrence of the second so the probability is changed.

Then the probability of A and B is the product of the probability of A occurring times the probability of B occurring after it is determined that event A has already occurred.

P(A and B) = P(A) * P(B)

Reference no: EM13788802

Questions Cloud

How are flagella and cilia similar : How are flagella and cilia similar
Withheld from his wages from working two job : Harry has two jobs. He earns $117,700 from his first job and $10,000 from his second job. How much total FICA withholding will Harry have withheld from his wages from working two jobs?
Maximum allowable american opportunity tax credit : DJ and Nicolette paid $1,600 in qualifying expenses for their daughter Nicole to attend the University of Nevada. Nicole is a sophomore. DJ and Nicolette's AGI is $175,000. What is their maximum allowable American opportunity tax credit after the cre..
Write paper about methods to stop cyber criminals : Write paper about methods to stop cyber criminals
Determine the value of the probability : Now to determine the value of the probability of A and B, we need to figure out if the events are independent or dependent.
Production warehouse move project : You have kicked off the District 4 Production Warehouse Move project, your contractors are in place and working on receiving the proper building permits.
Quarter absorption costing net operating income : SmoothIt Inc is facing a problem with their 4th quarter absorption costing net operating income on December 23rd. How many units need to be produced for inventory to meet net operating income target if sales commission is left unchanged at 4% ?
Common earnings management pattern issues : What are discretionary accruals? Why are they useful in testing the three PAT hypotheses?
Prepare a report on production welding machines : Prepare a Report on Production Welding Machines, Vertical Milling Machines, Turning Machines and Horizontal Milling Machines Rotary Tables & indexing Devices.

Reviews

Write a Review

Finance Basics Questions & Answers

  Describe dividend policy

State whether you would expect them to distribute a relatively high or low proportion of current earnings and whether you would expect them to have relatively high or low price-earnings ratio.

  The forward contract has a fair value of 1250 what is the

on march 1 2011 werner corp. received an order for parts from a mexican customer at a price of 500000 mexican pesos

  A stock has a beta of 114 the expected return on the

a stock has a beta of 1.14 the expected return on the market is 10 percent and the risk-free rate is 3.5 percent. what

  How much would this prize be worth

The remaining $1,500 will be paid in three annual payments of $500 each, starting one year after the drawing. How much would this prize be worth to you if you can earn 9 percent on your money?

  Compare a three-month moving average forecast with an

for the hawkins company the monthly percentages of all shipments that were received on time over the past 12 months are

  Cj computer disks stocks and sells recordable cds the

cj computer disks stocks and sells recordable cds. the monthly demand for these cds is closely approximated by a normal

  The payment of accounts payables

Given the components of each cycle, can you think of strategies that can be used to shorten the length of either cycle? In addition, what are your thoughts regarding strategies on the management of disbursements in order to impact the cash cy..

  Yu covered short sale by buying stock at price of 15 per

on january 1 you sold short one round lot that is 100 shares of lowes stock at 21 per share. on march 1 a dividend of

  Find the role of interest rates when firms make investment

what is the role of interest rates when firms make investment and consumption decisions? what is marginal rate of

  How much does the second annuity pay each year

You are comparing two annuities with equal present values. The applicable discount rate is 8.75 percent. One annuity pays $5,000 on the first day of each year for 20 years. How much does the second annuity pay each year for 20 years if it pays at ..

  Primary roles of the us federal reserve

Briefly explain the primary roles of the U.S. Federal Reserve, the Federal Reserve Chairman, and the Federal Reserve Board. Indicate each party's effectiveness in today's economic environment. Provide support for your explanation.

  Risk is a major concern of almost all investors

Risk is a major concern of almost all investors. When shareholders invest their money in a firm, they expect managers to take risks with those funds.

Free Assignment Quote

Assured A++ Grade

Get guaranteed satisfaction & time on delivery in every assignment order you paid with us! We ensure premium quality solution document along with free turntin report!

All rights reserved! Copyrights ©2019-2020 ExpertsMind IT Educational Pvt Ltd