The Probability That a Corporation Made Profits in 2005 Is

question 61

Short Answer

The probability that a corporation made profits in 2005 is 0.78 and the probability that a corporation made charitable contributions in 2005 is 0.23.Assuming that these two events are independent,the probability (rounded to 4 decimal places)that a corporation made profits in 2005 or made charitable contributions in 2005,but not both is:

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Definitions:

Public Disclosure

The act of making information available to the general public, often related to transparency in government, businesses, or individuals.

Financial Communications

A category of communications that corporate communicators or IR professionals and their advisers engage in routinely for publicly traded companies, consisting of preparing the required reports, communicating with the financial community (current and prospective investors, stock market analysts, etc.), and the financial media.

Quarterly Reports

Financial reports issued by a company every three months, providing an overview of its performance and financial health throughout the year.

Annual Reports

Official publications released yearly by corporations, detailing their operations, financial performance, and strategies.