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University degree requirements typically are different for Bachelor of Science degrees and Bachelor of Arts degrees. Some students get a Bachelor of Arts and Science degree, which requires meeting graduation criteria for both degrees. A student advisor needs to know the probability a newly admitted student is interested in such a program, so that the student can be properly advised. A study of previous years finds that the probability a student gets a Bachelor of Science degree is P(Science) = 0.3 and the probability a student gets a Bachelor of Arts degree is P(Arts) = 0.6. The study also shows that the probability a student gets no degree is P(no) = 0.2. The probability a student gets a Bachelor of Arts degree or a Bachelor of Science degree is:
Depreciation Tax Shield
The reduction in income taxes that results from an entity's ability to deduct depreciation expense from its taxable income.
Operating Lease
An operating lease is a contract that allows for the use of an asset but does not convey rights of ownership of the asset.
Cyclical Nature
The inherent tendency of markets, economies, or certain stocks to move in cycles, experiencing periods of expansion and contraction.
Peak Periods
Times of maximum activity, demand, or use, typically stressing the capacity, resources, or systems involved.
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