Although there is a formula defining Bayes' law, you can also use a probability tree to conduct calculations
Indicate whether the statement is true or false
T
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Which of the following is true of bank spread?
A. The more vigorous the competition among banks, the smaller will be spread between the interest rates on loans and deposits. B. The larger the banks that are competing with each other, the larger will be spread between the interest rates on loans and deposits. C. The spread between the interest rates on loans and deposits will be much narrower in banks in rural areas than the banks in big cities. D. The lower the number of banks in a city, the smaller will be the spread between the banks' interest rates on loans and deposits.
When looking to international financial investments, investors are more likely to think long term, making international markets more stable than a national market.
Answer the following statement true (T) or false (F)
The best advice concerning dress for a career interview is conservatism
Indicate whether the statement is true or false
Assume that you must write a memo to company employees announcing that the Internal Revenue Service has filed suit against the company. Which of the following sentences would most effectively reassure your readers?
A) On behalf of top management, I apologize for any disruption in work that this legal action may cause. B) Unlike so many other firms indicted for violations of the tax code, our company has done nothing wrong. C) We believe the company will be able to function normally during this investigation. D) The exact nature of this baseless legal action will be announced at a later date. E) The top management team is meeting today to decide on the company's course of action.