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Show that the probability of the union of events A and B can be written as follows: P(AUB)=P(A)+P(B)[1-P(A|B)]
Megatrust Bank had historically scrutinized loans very carefully and extended them only to persons whom they considered very creditworthy. They made relatively few loans. However, after the government provided guarantees to sub-prime loans
Given the basic economic problem of scarcity
What are the three potential conflicts of interest that can take place during the auditing process? Explain. Your response should be at least 200 words in length. You are required to use at least your textbook as source material for your response. Al..
Suppose that you own a car wash and that its total cost function is: C= 20 + 2Q + .3Q^2, where C = total cost (in dollars) per hour and Q is the number of cars washed per hour. You receive 5 dollars for each car washed. What is the optimal number of ..
What do economists mean when they refer to "economies of scale" Why do economies of scale exist in the context of hospital services Does this mean a hospital market comprised of a few large hospitals is preferable to a hospital market comprised of..
Discuss an important cyber security issue for small businesses - What a small business owner needs to know
Survey the monetary policies adopted by the Federal Reserve Board since the countries financial crisis erupted in 2008. How will these policy steps affect the nation's employment, inflation, real interest rate and real exchange rate over the long ..
economists believe that when two countries specialize and trade , each will be able to buy goods in which the other specializes at a lower cost than it would take to produce these goods itself.
The overall population for Region A is 95 million people. The labor force contains 67 million people. 32 million people are employed, while 35 million are unemployed. What is the unemployment rate? Round your answer to the nearest whole number.______..
Some economists argue that it is possible to raise the standard of living by reducing population growth. As an economist interested in incentives rather than coercion, what kind of policy would you recommend to slow population growth
Prepare the job description of the Front office manager, executive housekeeper, facility manager, front office receptionist and a room attendant.
What are the four stages of the product life cycle? How does product life cycle stage impact marketing strategy? The effectiveness of different marketing strategies varies according to product life cycle. The stages are listed below, along ..
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