Use Bayes' Theorem or a Tree Diagram to Calculate the Indicated

question 49

Multiple Choice

Use Bayes' theorem or a tree diagram to calculate the indicated probability. Round the answer to four decimal places.
$Y _ { 1 }$ ,
$Y _ { 2 }$ , $Y _ { 3 }$ form a partition of S.
$P \left( X \mid Y _ { 1 } \right) = 0.4$ , $P \left( X \mid Y _ { 2 } \right) = 0.5$ , $P \left( X \mid Y _ { 3 } \right) = 0.7$ , $P \left( Y _ { 1 } \right) = 0.7$ , $P \left( Y _ { 2 } \right) = 0.1$ .

Find $P \left( Y _ { 1 } \mid X \right)$ .

Understand and apply the double-declining-balance and straight-line methods of depreciation.

Distinguish between different types of assets: fixed assets, intangible assets, natural resources, and none of these.

Record and understand the effects of asset impairment, particularly goodwill impairment.

Understand and calculate depletion expense for natural resources.

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Definitions:

Gifted

Individuals, particularly children, who exhibit high aptitude or competence in one or more domains at a level significantly beyond their age peers.

Evil Spirit

A malevolent entity believed in many cultures to be the cause of misfortune or harm to individuals.

Dangerous

Characterizes something or someone that poses a threat of harm, injury, or damage.

Neurosis

A term for mental health issues characterized by high levels of stress and anxiety but not involving losing touch with reality.