Suppose That in a Certain Part of the World, in Any

question 101

Multiple Choice

Suppose that in a certain part of the world, in any 50-year period the probability of a plague is 0.39, the probability of a famine is 0.52, and the probability of both a plague and a famine is 0.15.What is the probability of a famine given that there is a plague?

• A)0.240
• B)0.288
• C)0.370
• D)0.385
• E)0.760

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Definitions:

Return On Equity

A measure of a corporation's profitability, indicating how much profit is generated with the money shareholders have invested.

Return On Assets Ratio

A financial metric used to evaluate a company's efficiency in generating profits from its assets, calculated by dividing net income by total assets.

Debt And Equity Financing

Ways in which a company raises funds through borrowing (debt) or selling ownership shares (equity).

ROE

Return on Equity, a measure of financial performance calculated by dividing net income by shareholder's equity.