Exhibit 4-7

question 38

Short Answer

Exhibit 4-7.An investor in Apple is worried the latest management earnings forecast is too aggressive and the company will fall short.His favorite analyst that covers Apple is going to release his report on Apple the week before the earnings announcement.Report stands for the analyst's report,and Forecast stands for the earnings announcement. Refer to Exhibit 4-7.What is the probability the analyst issued a good report given Apple's earnings announcement was below the forecast?

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Definitions:

Subordinate Masculinity

Forms of masculinity deemed inferior or less dominant within the societal hierarchy of gender expressions.

Communism

A political and economic ideology advocating for a classless society in which the means of production are owned and controlled by the community as a whole.

Racial Tensions

The stress, hostility, or conflict arising from perceived or real differences between races or ethnic groups, often rooted in historical injustices and systemic disparities.

Hegemonic Masculinity

Refers to cultural norms that promote the dominant social position of men, and the subordinate social position of women.