Prior probability of an event is the probability of the event before any information affecting it is given

Indicate whether the statement is true or false


T

Business

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Which of the following examples would customers least likely consider a destination store?

A. The drug store with the lowest priced pharmaceuticals B. A gas station also selling milk and eggs C. A shoe store that will dye shoes to match dresses D. The home improvement store E. A health and organic product store

Business

A company's sales margin:

A. is computed by dividing sales revenue by income. B. shows the sales dollars generated from each dollar of income. C. has basically the same meaning as the term "contribution margin." D. is computed by dividing income by sales revenue. E. must, by definition, be greater than the firm's net sales.

Business

Laws that allow for the settlement of cases prior to trial are an example of which function of the law?

Business

If the firm's actual debt-to-assets ratio is below its target level, expansion capital should be raised by issuing equity in order to preserve the firm's borrowing capacity

a. True b. False Indicate whether the statement is true or false

Business