below are the balance sheet items for the colorado community bank. what is the net worth of the bank? the colorado community bank (ccb) bonds $ 500,000 deposits at the fed 280,000 checking account deposits 3,700,000 loans 4,200,000 vault cash 220,000 group of answer choices 500,000 750,000 1,000,000 1,500,000 1,750,000

Answers

Answer 1

The net worth of the Colorado Community Bank is $500,000.

To calculate the net worth of Colorado Community Bank (CCB), we need to subtract the bank's liabilities from its assets. Here are the given balance sheet items:

1. Bonds: $500,000

2. Deposits at the Fed: $280,000

3. Checking account deposits: $3,700,000

4. Loans: $4,200,000

5. Vault cash: $220,000

First, we need to identify the assets and liabilities. Assets include deposits at the Fed, loans, and vault cash, while liabilities include bonds and checking account deposits.

Step 1: Calculate the total assets:

Deposits at the Fed + Loans + Vault cash = $280,000 + $4,200,000 + $220,000 = $4,700,000

Step 2: Calculate the total liabilities:

Bonds + Checking account deposits = $500,000 + $3,700,000 = $4,200,000

Step 3: Calculate the net worth of the bank:

Total assets - Total liabilities = $4,700,000 - $4,200,000 = $500,000

The net worth of the Colorado Community Bank is $500,000.

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Related Questions

Skysong Supply does not segregate sales and sales taxes at the time of sale. The register total for March 16 is $9.345. All sales are subject to a 5% sales tax. (a1) Compute sales taxes payable. Sales taxes payable use (a2) Make the entry to record sales taxes payable and sales revenue. Omit the cost of goods sold entry. (Credit account titles are outomatically indented when amount is entered. Do not indent manually.)

Answers

The sales taxes payable for March 16 is $0.469.

How much are the sales taxes payable for March 16?

Skysong Supply does not segregate sales and sales taxes at the time of sale. Therefore, the sales register total of $9.345 includes both the sales revenue and the sales taxes.

To calculate the sales taxes payable, we need to determine the tax portion of the total sales.

Since all sales are subject to a 5% sales tax rate, we can calculate the tax amount by multiplying the sales register total by 5% (or 0.05). In this case, 5% of $9.345 equals $0.46725, which can be rounded to $0.469.

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There is a bond with a coupon of 8. 4 percent, eleven years to maturity, and a current price of $1,041. 40. What is the dollar value of an 01 for the bond? (Do not round intermediate calculations. Round

Answers

To calculate the dollar value of an 01 (DV01) for the bond, we need to determine the change in price for a 1 basis point (0.01%) change in yield.

The formula to calculate DV01 is as follows:

DV01 = (Change in Price) / (0.0001 * Bond Price)

Given:

Coupon rate = 8.4%

Years to maturity = 11 years

Current price = $1,041.40

First, we need to calculate the bond's yield. We can use the following formula to estimate the yield:

Yield = (Coupon Payment + ((Face Value - Price) / Years to Maturity)) / ((Face Value + Price) / 2)

Using the given information:

Coupon Payment = 8.4% * Face Value

Face Value = $1,000

Yield = (0.084 * $1,000 + (($1,000 - $1,041.40) / 11)) / (($1,000 + $1,041.40) / 2)

Next, we need to calculate the bond's modified duration. The formula for modified duration is as follows:

Modified Duration = (1 / (1 + Yield)) * [1 - (1 / (1 + Yield))^Years to Maturity] / Yield

Using the yield calculated above, we can find the modified duration.

Finally, we can calculate the DV01 using the formula mentioned earlier:

DV01 = (Modified Duration * Bond Price) / 100

By plugging in the calculated values, we can determine the dollar value of an 01 for the bond.

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What ethical work habit demonstrates that a person shows up and does the job as expected? Choose the answer.

Question 25 options:

Dependability


Integrity


I don't know


Efficiency


Leadership

Answers

Either integrity or leadership I would say both are great answers and would fit the answer for the question

Noriko analyzes ways to create and improve computer systems.
Boris helps people who are having difficulty using computers.
Lane writes code for operating systems.
Jewel tests software to identify problems.
Carla fixes and maintains databases.
Ignacio plans, organizes, and oversees information technology projects.

Answers

Answer:Brian uses ultrasound technology to create images of a patient’s liver and kidneys.

Nigel performs tests on a patient to get information about how his heart is working.

Krystal analyzes X-rays to determine whether a patient has a broken arm.

Explanation:

Answer:

A. B. F.

Explanation:

Edge

Consider the Hotelling model of spatial competition. The set of voters is denoted by V = {1, . . . , n}, with n odd, and each voter has an ideal point, vi ∈ [−1, 1]. These ideal points are common knowledge to two candidates, c ∈ {1, 2}, each of whom simultaneously commits to a platform, pc ∈ [−1, 1]. After this, each voter i observes (p1, p2) and votes for the candidate who chose the platform closest to his or her ideal point. If the candidates’ platforms are equidistant from vi, then the voter flips a fair coin to determine who he or she votes for. Each candidate’s payoff is simply how many votes he or she receives.
(a) Find a pure strategy Nash equilibrium of this game.
(b) Is this the only pure strategy equilibrium? If so, why? If not, either answer why not or provide another one.
(c) Suppose that n is even and all voters have distinct ideal points (i.e., vi ≠ vj for all i, j ∈ N). Find a pure strategy Nash equilibrium of this game. (d) Again supposing that n is even, how many pure strategy equilibria are there?

Answers

(a) The Nash equilibrium of this game is such that both candidates choose the same platform. Each candidate receives (n+1)/2 votes. Let's prove that this is indeed a Nash equilibrium.

Suppose that c1 chooses pc1 = 1. Then if c2 chooses pc2 < 1, the voter who is indifferent between the two candidates has an ideal point v0 = (1 + pc2)/2, and the voters with ideal points to the right of v0 vote for c2, and the voters with ideal points to the left of v0 vote for c1.

So c2 could not gain any votes by deviating to a platform to the left of pc2, and he would lose votes if he moved to a platform to the right of pc2. Therefore, pc2 = 1 is the best response of c2 to pc1 = 1. By symmetry, this is also the best response of c1 to pc2 = 1.

Since the strategies (1, 1) are a Nash equilibrium, it follows that each candidate receives (n+1)/2 votes, which is the maximum number of votes a candidate can get in any pure strategy equilibrium of this game.

(b) Yes, this is the only pure strategy equilibrium. If the two candidates do not choose the same platform, then the voters who are indifferent between them will not flip a fair coin, and therefore one of the candidates could gain votes by moving slightly toward the center.

So any equilibrium in which the candidates choose different platforms is unstable, and there is no other equilibrium in pure strategies.

(c) Since n is even and all voters have distinct ideal points, there is no voter who is indifferent between the two candidates. Therefore, the Nash equilibrium of this game is such that each candidate chooses a platform that is closest to the median of the voters' ideal points.

If n = 2m, then the median is (vm + vm+1)/2, where v1 < ... < vm < vm+1 < ... < vn. If c1 chooses pc1 = vm and c2 chooses pc2 = vm+1, then all voters with ideal points to the left of (vm + vm+1)/2 vote for c1, and all voters with ideal points to the right of (vm + vm+1)/2 vote for c2.

So both candidates receive m votes, which is the maximum number of votes a candidate can get in any pure strategy equilibrium of this game.

(d) There is only one pure strategy equilibrium in this game, regardless of whether n is odd or even. In any equilibrium, both candidates must choose the same platform, and this platform must be either the median of the voters' ideal points or a point that is arbitrarily close to the median.

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On January 1, Pacific Specialty Foods purchased equipment for $21,000. Residual value at the end of an estimated four-year service life is expected to be $2,100. The machine operated for 2,200 hours in the first year, and the company expects the machine to operate for a total of 10,000 hours. Calculate depreciation expense for the first year using each of the following depreciation methods: (1) straight-line, (2) double-declining-balance, and (3) activity-based.

Answers

(1) Straight-line depreciation: $4,725; (2) Double-declining-balance depreciation: $9,450; (3) Activity-based depreciation: $3,990. Straight-line depreciation: The formula for straight-line depreciation is (Cost - Residual Value) / Useful Life.

In this case, the cost is $21,000, the residual value is $2,100, and the useful life is four years.

Plugging these values into the formula, we get ($21,000 - $2,100) / 4 = $4,725. Therefore, the depreciation expense for the first year using straight-line depreciation is $4,725.

Double-declining-balance depreciation: The formula for double-declining-balance depreciation is (Book Value at Beginning of Year × Depreciation Rate). The depreciation rate is calculated as 2 / Useful Life. In the first year, the book value at the beginning is the cost of the equipment, which is $21,000.

The useful life is four years. Plugging these values into the formula, we get ($21,000 × (2 / 4)) = $10,500. However, since we need to prorate the depreciation for the hours operated in the first year,

we calculate the depreciation expense as ($10,500 × (2,200 / 10,000)) = $9,450. Therefore, the depreciation expense for the first year using double-declining-balance depreciation is $9,450.

Activity-based depreciation: The formula for activity-based depreciation is (Cost - Residual Value) × (Actual Usage / Total Estimated Usage). In this case, the cost is $21,000, the residual value is $2,100, the actual usage is 2,200 hours, and the total estimated usage is 10,000 hours.

Plugging these values into the formula, we get ($21,000 - $2,100) × (2,200 / 10,000) = $3,990. Therefore, the depreciation price for the first year using activity-based depreciation is $3,990.

Hence, the depreciation expense for the first year using each of the three depreciation methods are: (1) straight-line depreciation: $4,725; (2) double-declining-balance depreciation: $9,450; (3) activity-based depreciation: $3,990.

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Final answer:

The depreciation expense for the first year using straight-line, double-declining balance, and activity-based methods would be $4,725, $10,500, and $4,180 respectively.

Explanation:

The question pertains to the calculation of depreciation expense for the first year using three methods: (1) straight-line, (2) double-declining balance, and (3) activity-based. Let's take each method one by one:

Straight-Line Method: This method spreads the cost of the asset evenly over its useful life. Calculation is as follows: (Cost of the equipment - Residual value) / useful life. Therefore, (21000 -2100) / 4 = $4,725 is the depreciation for the first year.Double-Declining Balance Method: This method accelerates the rate of depreciation, taking twice the straight-line rate. Therefore, 2 × (1/4) ×(21000 × 1 (since it's the first year)) = $10,500 is the depreciation for the first year.Activity-Based Method: This method calculates depreciation based on the actual use of the asset. So, it would be ((21000 - 2100) / 10000) × 2200 = $4,180 is the depreciation for the first year.

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The document that does the best job of introducing potential investors and other stakeholders with the business opportunity the firm is pursuing and how it plans to pursue it is the:
A)
opportunity analysis
B)
industry analysis
C)
feasibility analysis
D)
marketing plan
E)
business plan

Answers

The correct option is (E) business plan. Business plan is a comprehensive document that outlines the goals, strategies, and financial projections of a company. It also includes information about the company's products or services, target market, competition, management team, and other key aspects of the business.

The business plan is a crucial tool for attracting investors because it provides a clear and detailed picture of the company's potential for success. It demonstrates the company's understanding of its industry, market, and customers, and shows how it plans to capitalize on its strengths and overcome its weaknesses. Additionally, the financial projections in the business plan give investors a sense of the company's potential for profitability and return on investment.

While the opportunity analysis, industry analysis, feasibility analysis, and marketing plan are all important components of the business plan, they are only one part of a larger document that encompasses the entire business strategy. The business plan is the most comprehensive and detailed document that introduces potential investors and stakeholders to the company and its opportunities, making it the best option for showcasing the company's potential for success.

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What is earning interest on previously earned interest called?

Answers

Answer:

Compounding. Earning interest on previously earned interest plus the principal amount.

Explanation:

Earning interest on previously earned interest is called compounding. Thus, compounding is the correct term for this definition.

It refers to the process of reinvesting the accumulated interest back into the initial principal amount, allowing for exponential growth over time. With each compounding period, the interest is calculated not only on the original principal but also on the interest earned in previous periods.

This compounding effect leads to the gradual growth of the investment or savings. Compounding is a powerful concept in finance and can significantly enhance the growth of investments or savings over the long term. It is a key factor in various financial instruments such as savings accounts, bonds, and investment portfolios.

Thus, earning interest on previously earned interest is called compounding.

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what are the advantages of interdependence in economics​

Answers

Answer:

This affiliation allows specialist industries to thrive. And, the success can lead to job and wage/salary increases and an overall improvement to wealth and lifestyle

The amount businesses have left after paying their rent, interest on debt, and employee costs is called profits.
True
False

Answers

False I’m pretty sure

Answer:

Answer above mine is incorrect, real answer is TRUE

Explanation:

When independent stock transfer agents are not employed and the corporation issues its own stock and maintains stock records, canceled stock certificates should:_______

Answers

When independent stock transfer agents are not employed, the canceled stock certificates should be defaced to prevent reissuance and attached to their corresponding stubs.

A transfer agent plays a vital role in acting as a liaison between a company's registrar and an investor. A stock transfer agent makes sure that shareholders receive dividend payments in a timely manner. These agents send stock shares to investors after a stock split.

When a company cancels its common stock, it declares all existing common stock certificates to be null and void. Most often, companies cancel stock while going through bankruptcy proceedings.

Hence, the canceled stock certificates should be defaced in order to prevent reissuance.

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What are the importance of training for all types of occupations?

Answers

Education and training provides employers, managers, supervisors, and workers with: Knowledge and skills needed to do their work safely and avoid creating hazards that could place themselves or others at risk. Awareness and understanding of workplace hazards and how to identify, report, and control them.

Answer:

Hi

Explanation:

It helps to imvrove your skills in order to move forward and it also gives opportunities to know better something you want

Thank you

Help me ITs EASY TAKE A LOOK

Help me ITs EASY TAKE A LOOK

Answers

Answer:

a) Employees (Staff)

Chief Executive officer (Owner)

b) Government

Share holders

The idea that governments should actively protect domestic industries from imports and vigorously promote exports represents:___.

Answers

The idea that governments should actively protect domestic industries from imports and vigorously promote exports represents protectionism. Protectionism aims to strengthen domestic industry and insulate it from foreign competition through the use of limitations like tariffs. Consider .The president announced a 25% tariff on all imports of steel and a 10% duty on aluminium in May 2018.

Protecting native industry from unfair foreign competition is the goal of trade protectionism. Tariffs, subsidies, quotas, and currency manipulation are the four main instruments of trade protectionism. The goal of trade protectionism is to safeguard a country's crucial economic interests, such as its important industries, goods, and employment opportunities.

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The Cash account of Gate City Security Systems reported a balance of 2400 at December 31​, 2018. There were outstanding checks totaling 1300 and a December 31 deposit in transit of 400. The bank​ statement, which came from Tri Cities​ Bank, listed the December 31 balance of 3810. Included in the bank balance was a collection of 520 on account from Carol Lajoy​, a Gate City customer who pays the bank directly. The bank statement also shows a 30 service charge and 20 of interest revenue that Gate City earned on its bank balance. Prepare Gate City​'s bank reconciliation at December 31.

Answers

Answer:

Explanation:

gate City bank reconciliation statement as at December 31, 2018

Balance as per cash book                                 2400            

Direct payment to the bank (loan)        520            

Less bank charges                                   (30)                      

Add bank interest                                      20

Adjustment                                                              510

Adjusted cash book balance                                  2910

Balance as per bank statement                            3,810

Less outstanding check                            (1300)

Add deposit in transit                                   400

Adjustment                                                               (900)

Adjusted bank statement balance                          2,910    

the market price of a stock is $54.50 and it just paid $5.28 dividend. the dividend is expected to grow at 3.82% forever. what is the required rate of return for the stock? g

Answers

The required rate of return for the stock is 3.92%.

Market Price = $54.50.

Dividend per share = $5.28.

Dividend growth rate = 3.82%.

We are to determine the required rate of return for the stock.

Here is how to solve the problem: Using the constant growth rate model for stock valuation, we can obtain the required rate of return as follows: P₀ = D₁ / (r - g), where:

P₀ is the current market price of the stock,

D₁ is the next year's expected dividend per share,

r is the required rate of return, and

g is the dividend growth rate.

Using the values given, we can find the required rate of return (r) as follows:

P₀ = $54.50

D₁ = $5.28 × (1 + 3.82%) = $5.48

r = ?

g = 3.82%

Substituting the values in the equation above, we get:

54.50 = 5.48 / (r - 3.82)

Multiplying through by (r - 3.82), we get:

54.50 × (r - 3.82) = 5.48

Dividing both sides by 54.50, we get:

r - 3.82 = 5.48 / 54.50

Simplifying the right-hand side, we have:

r - 3.82 = 0.10036764

Adding 3.82 to both sides, we get:

r = 3.92036764

Therefore, the required rate of return for the stock is 3.92% (rounded to two decimal places).

Answer: The required rate of return for the stock is 3.92%.

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maintain inventory records and jaclyn to place orders for new inventory when stocks run low. to ensure that the warehouse can continue to function when either is on vacation, the company also trained thomas to place orders and trained jaclyn to maintain inventory records. which training method does this situation illustrate?

Answers

A grocery store hired Thomas to maintain inventory records and Jaclyn to place orders for new inventory when stocks run low. To ensure that the warehouse can continue to function when either is on vacation, the company also trained Thomas to place orders and trained Jaclyn to maintain inventory records. The  training method that this situation illustrates is cross-training

What is cross-training?

Generally, Combining several kinds of physical activity into one workout is what's known as "cross-training," and it's a great way to add some variety to your fitness routine.

It is essential to include a range of different workouts into your workout routine. Your chance of incurring an injury from overuse or repeated strain is increased if your workouts do not include some degree of diversity.

Cross-training is a terrific technique to condition other muscle areas, create a new set of abilities, and lessen the boredom that sets in after months of doing the same workout routines.

Not only that, but cross-training also helps you build new sets of talents. Additionally, cross-training enables you to change the amount of strain that is imposed on certain muscles as well as your cardiovascular system.

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CQ

A grocery store hired Thomas to maintain inventory records and Jaclyn to place orders for new inventory when stocks run low. To ensure that the warehouse can continue to function when either is on vacation, the company also trained Thomas to place orders and trained Jaclyn to maintain inventory records. Which training method does this situation illustrate?

cross-training

During the final stage of the consumer buying decision process, a person might experience cognitive dissonance, which is _______.

Answers

During the final stage of the consumer buying decision process, a person might experience cognitive dissonance, which is doubts in the buyer's mind about whether purchasing the product was the right decision.

What does cognitive dissonance look like in practice?

Consume meat When thinking about the origins of their meat, some people who consider themselves to be animal lovers may experience uneasiness. It's known as the "meat paradox" by some academics.

Is it healthy to experience cognitive dissonance?

Cognitive dissonance actually keeps us cognitively healthy and happy, despite what some people may believe. Particularly if our decisions cannot be readily undone, it may help us feel content with them—or at the very least, allow us to defend them.

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Which is an example of a small business showing social responsibility to individuals within the company?
A. starting an office recycling program
B. developing sustainable business practice
C. donating money to local organizations
D. allowing employees to work from home

Answers

Starting an office recycling program, developing sustainable business practice and donating money to local organizations are examples of a small business showing social responsibility to individuals within the company.

Company have a social responsibility to the communities in which they operate. This includes ensuring that they are good corporate citizens, providing support for local causes and charities, and protecting the environment.

Sustainable business is a term that is often used to describe businesses that are environmentally friendly or that have a positive social impact.

Hence, the correct options are "A, B & C".

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Gold has historically functioned as money. This is due, in part, to the willingness of others to accept it as valid payment for goods and
services. In this case, gold is functioning as an) (1 point)

Answers

The willingness of others to accept gold as a valid payment for goods and services made gold a medium of exchange. In other words, gold was used to facilitate commercial exchanges when these became more developed.

Money has changed and developed over time, it has always been used to make business practices more simplified and standardized.

Some examples of the use of a medium of exchange were salt, which was a rare mineral that was offered in trade, hence the word salary.

Therefore, gold began to be used as a means of exchange from the need to use coins with greater durability.

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refer to the information. over the $7-$5 price range, demand is:

Answers

Over the $7-$5 price range, demand is elastic. Based on the information provided, it is unclear what the demand is over the $7-$5 price range.

This is because as the price decreases from $7 to $5, consumers become more sensitive to the change in price, resulting in a proportionally larger increase in the quantity demanded. In this situation, the price elasticity of demand (PED) will be greater than 1, indicating that demand is responsive to price changes.

Further details or data is required to explain the demand in this specific price range. It is important to provide comprehensive information and data to draw accurate conclusions about demand.


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According to a 2018 article in Esquire magazine, approximately 70% of males over age will develop cancerous cells in their prostate. Prostate cancer is second only to skin cancer as the most common form of cancer for males in the United States. One of the most common tests for the detection of prostate cancer is the prostate-specific antigen (PSA) test. However, this test is known to have a high false-positive rate (tests that come back positive for cancer when no cancer is present). Suppose there is a 0.02 probability that a male patient has prostate cancer before testing. The probability of a false-positive test is 0.75, and the probability of a false-negative (no indication of cancer when cancer is actually present) is 0.20.

Let C = event male patient has prostate cancer
+ = positive PSA test for prostate cancer
- = negative PSA test for prostate cancer

a. What is the probability that the male patient has prostate cancer if the PSA test comes back positive (to 4 decimals)?
0.0214 [I did this part correctly but I had trouble finding the other parts, they kept marking them incorrectly]

b. What is the probability that the male patient has prostate cancer if the PSA test comes back negative (to 4 decimals)?

c. For older men, the prior probability of having cancer increases. Suppose that the prior probability of the male patient is 0.3 rather than 0.02. What is the probability that the male patient has prostate cancer if the PSA test comes back positive (to 4 decimals)?

d. What is the probability that the male patient has prostate cancer if the PSA test comes back negative (to 4 decimals)?

Answers

Answer:

a) Probability of prostrate cancer given a positive test is P(C|+) = 0.0213

b) Probability of cancer given a negative test is P(C|-) = 0.0161

c) Probability of prostrate cancer given a positive test is P(C|+) = 0.3137

d) Probability of cancer given a negative test is P(C|-) = 0.2553

Explanation:

Probability male patient has prostate cancer, P(C) = 0.02

Probability male patient does not have prostrate cancer P(C') = 1 - 0.02 = 0.98

Probability of a positive test given there is no cancer, i.e. P(false positive) = P(+|C') = 0.75

P(negative test given there is cancer) = P(false negative) = P(-|C) = 0.2

P(negative test given there is no cancer) is the complement of P(+|C') = P(-|C') = 1 - 0.75 = 0.25

Probability of positive test given there is prostrate cancer, P(+|C) is the complement of P(-|C), = 1 - 0.2 = 0.8.

a) Probability of prostrate cancer given a positive test is P(C|+)

According to Baye's theorem, P(C|+) = P(+|C)P(C)/P(+)

For P(+), we use the Law Of Total Probability: P(+) = P(+|C)P(C) + P(+|C')P(C')

P(+) = (0.8 * 0.02) + (0.75 * 0.98) = 0.751

Therefore, P(C|+) = P(+|C)P(C)/P(+)

P(C|+) = (0.8 * 0.02)/0.751 = 0.0213

b) Probability of cancer given a negative test is P(C|-)

According to Baye's theorem, P(C|-) = P(-|C)P(C)/P(-)

P(-) = P(-|C)P(C) + P(-|C')P(C')

P(-) = (0.2 * 0.02) + (0.25 * 0.98) = 0.249

Therefore, P(C|-) = (0.2 * 0.02)/0.249

P(C|-) = 0.0161

Part 2: Given the following;

Probability male patient has prostate cancer, P(C) = 0.3

Probability male patient does not have prostrate cancer P(C') = 1 - 0.3 = 0.70

Probability of a positive test given there is no cancer, i.e. P(false positive) = P(+|C') = = 0.75

P(negative test given there is cancer) = P(false negative) = P(-|C) = 0.2

P(negative test given there is no cancer) is the complement of P(+|C') = P(-|C') = 1 - 0.75 = 0.25

Probability of positive test given there is prostrate cancer, P(+|C) is the complement of P(-|C), = 1 - 0.2 = 0.8.

c) Probability of prostrate cancer given a positive test is P(C|+)

According to Baye's theorem, P(C|+) = P(+|C)P(C)/P(+)

For P(+), we use the Law Of Total Probability: P(+) = P(+|C)P(C) + P(+|C')P(C')

P(+) = (0.8 * 0.3) + (0.75 * 0.7) = 0.751

Therefore, P(C|+) = P(+|C)P(C)/P(+)

P(C|+) = (0.8 * 0.3)/0.765 = 0.3137

d) Probability of cancer given a negative test is P(C|-)

According to Baye's theorem, P(C|-) = P(-|C)P(C)/P(-)

P(-) = P(-|C)P(C) + P(-|C')P(C')

P(-) = (0.2 * 0.3) + (0.25 * 0.7) = 0.235

Therefore, P(C|-) = (0.2 * 0.3)/0.235

P(C|-) = 0.2553

Prostate cancer is a type of cancer that can be detected by the PSA test. The probability of prostate cancer given a positive test is 0.0213 and 0.3137.

What is PSA?

Prostate-specific antigen (PSA) test is a diagnostic test that screens for prostate cancer and is a blood test.

Given,

Probability of prostate cancer P(C) = 0.02

Probability of absence of prostate cancer P(C') = 0.98

Probability of false positive P(+|C') = 0.75

Probability of false negative P(-|C) = 0.2

Probability of absence of cancer in negative test = 0.25

Probability of presence of cancer in positive test = 0.8

The probability of the male patient suffering from prostate cancer in case of a PSA reading of 0.0214 is,

By Baye's theorem:

\(\begin{aligned} \rm P(C|+) &= \rm \dfrac{ P(+|C)P(C)}{P(+)}\\\\\rm P(+) &= (0.8 \times 0.02) + (0.75 \times 0.98)\\\\&= \dfrac{(0.8 \times 0.02)}{0.751} \\\\&= 0.0213\end{aligned}\)

The probability of cancer given a negative test P(C|-) is calculated as:

\(\begin{aligned} \rm P(-) &= \rm P(-|C)P(C) + P(-|C')P(C')\\\\\rm P(C|-) &= \dfrac{(0.2 \times 0.02)}{0.249}\\\\&= 0.0161\end{aligned}\)

For the next part, the probability of prostate cancer given a positive test P(C|+) is calculated as:

\(\begin{aligned} \rm P(C|+) &= \rm \dfrac{P(+|C)P(C)}{P(+)}\\\\\rm P(C|+) &= \dfrac{(0.8 \times 0.3)}{0.765} \\\\&= 0.3137\end{aligned}\)

The probability of cancer given a negative test P(C|-) is calculated as:

\(\begin{aligned} \rm P(-) &= \rm P(-|C)P(C) + P(-|C')P(C')\\\\\rm P(C|-) &= \dfrac{(0.2 \times 0.3)}{0.235}\\\\& = 0.2553\end{aligned}\)

Therefore, the probability of prostate cancer with a positive test is 0.0213.

Learn more about the PSA test here:

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Select the correct answer. What is a SWoT analysis?
A. marketing strategy
B. a market research strategy
C. a strategy to spot opportunities D. a strategy to allocate resources E. astrategy to understand resource allocation​

Answers

Answer:

B

Explanation:

SWOT stands for Strengths, Weaknesses, Opportunities, and Threats. SWOT analysis (or SWOT matrix) is a strategic planning technique used to help a person or organization identify strengths, weaknesses, opportunities, and threats related to business competition or project planning.

Answer:

I think its C.

Explanation:

I'm trying to find the answer, too, but I know it's not B because I got it wrong before. D and E don't match SWOT at all, so those are out. It's either A or C. C seems the better bet though, as what I've learned from the internet, it helps in deciding a market research strategy, not being one itself.

So C is the right answer from using the process of elimination.

Checking off tasks as they are completed is which step in creating an effective assignment notebook?
Step 1
Step 2
Step 3
Step 4

Answers

Answer:

Step 2

Explanation:

Answer:

Step 4

Explanation:

`What type of market structure exists for the fast food industry?

Answers

Answer:

http://sellsidehandbook.com/2018/10/08/understanding-market-structure-perfect-competition-monopoly-and-monopolistic-competition/

Explanation:

You want to compare the batting average of all the players on the league's baseball teams. Which type of chart would be best for this purpose? a.Pie b.Bar c.Line d.Column

Answers

Answer: B.) Bar

Explanation: When trying to compare batting average of all players on the leagues baseball team, the batting average of the players in each team is measured and the data grouped by team. When measuring changes, differences or comparison, the bar chart and line chart seems to be the best for such purposes. However, depending on whether the changes in measured data is large or small, the bar chart seems best suited in cases where large differences exists, while line graphs are better when small differences exist between measure data.

Answer:

B.) Bar

Explanation:

Fill in the customer satisfaction survey You go to your in-house database, which houses eCompeteUSA's domestic and international sales as well as revenue composition over the past 10 years. You examine this data and apply some statistical analysis in order to help decide where to go next. What should you present at the next meeting to put your investigation on the right path?a. Present the trends in the growth of the U.S. eSports market, because the majority of eCompeteUSA's sales are domestic.b. Present data on eCompeteUSA's current revenue streams, broken down by source with sales trend extrapolations.c. After further consideration, you decide to step back and work on defining the research problem.

Answers

Answer: After further consideration, you decide to step back and work on defining the research problem.

Explanation:

Based on the options given, the answer will be "After further consideration, you decide to step back and work on defining the research problem".

It should be noted that the research problem isn't stated and one doesn't really know what the person wants to do. Do the right thing is to work on the research problem first before doing any other thing.

Select all that apply.
Select all reasons data mining is important to businesses.
It cuts costs.
It identifies long-term goals.
It solves problems.
It increases profits.

Answers

It cuts cost

I sole’s problems increase profits

Answer:

a,c,d

Explanation:

A customer needs to attach a
A. credit report
to a customer authorization form

Answers

Well, may you elaborate a bit more? I’d be glad to help

The opportunity cost of something is: a. what is given up to acquire it. b. smaller during periods of falling prices. c. equal to the monetary cost. d. larger during periods of rising prices.

Answers

The opportunity cost of something is what is given up to acquire it. Therefore, the answer is option a. In economics, opportunity cost is the cost of something that must be given up in order to acquire something else.

In other words, it is the value of the next best alternative that must be foregone in order to pursue a certain action.The concept of opportunity cost is essential in understanding economics. It is the foundation of economic decision-making and is used by individuals, firms, and governments to make rational choices.Therefore, whenever a choice is made, there is always an opportunity cost associated with it. Opportunity cost is a key component in weighing the benefits and drawbacks of a decision. It helps in determining the best course of action by comparing the potential benefits and losses of each alternative.In conclusion, opportunity cost refers to the value of the next best alternative that must be given up in order to pursue a certain action. It is an essential concept in economics that helps in making rational decisions.

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