Question: Please include workings out Question 2 a; There are two business opportunities offered to John. One in Investments A and the other in Investment B.

Please include workings out Question 2 a; There are two business

Please include workings out

Question 2 a; There are two business opportunities offered to John. One in Investments A and the other in Investment B. Both contain 10 shares each. investment A contains 6 IT shares and 4 Bank shares. investment 8 contains 3 IT shares and 7 Bank shares. A draw of a share is made at random from one of the Investments. It is a Bank share. An educated guess may suggest that the drawing of the Bank share has been made from Investment A. Use the Bayes theorem to determine the posterior probability that the Bank share came from Investment A. (1' 5 marks)

Step by Step Solution

There are 3 Steps involved in it

1 Expert Approved Answer

Step: 1 Unlock blur-text-image

Question Has Been Solved by an Expert!

Get step-by-step solutions from verified subject matter experts

Step: 2 Unlock

Step: 3 Unlock

Students Have Also Explored These Related Mathematics Questions!

Question 2 a} There are two business opportunities offered to John. One in Investments A and the other in Investment B. Both contain 10 shares each. Investment A contains 6 IT shares and 4 Bank...

Please type the answers rather than handwritng. Because it's really hard to read a) There are two business opportunities offered to John One in Investments A and the other in Investment B. Both...

a) There are two business opportunities offered to John. One in Investments A and the other in Investment B. Both contain 10 shares each. Investment A contains 6 IT shares and 4 Bank shares....

You just need to add with latest information from wall street journal news as per question. You need to add the information in the assignments. I have attached four assignments. Also I am attaching...

THIS QUESTION IS DUE IN EXACTLY 1 HOUR AND 45 MINUTES. I WILL PAY EXTRA 10 DOLLARS IN TIP IF SOMEONE TYPES THE EXACT ANSWER REQUESTED. PLEASE RESPOND TO THE EACH AND EVERY QUESTION IN A TOTAL OF 3-4...

Please give me solutions for 2 documents. I have a test soon!!! LANCASTER UNIVERSITY 2012 EXAMINATIONS PART II (SECOND AND FINAL YEAR) ACCOUNTING AND FINANCE AcF 305 INTERNATIONAL FINANCIAL...

Assume you are in the position of a valuation consulting firm hired by Roxana Garner to help her assess the proper hurdle rate for Langtry Falls projects and the appropriateness of investing in the...

Taking Charge at Dogus Holding How was the social, political and economic environment of Turkey in 2001? What role do social, political and economic factors play in firms' M&A and divestiture...

Please answer all of question 2 in the attachment below No plagiarism and please reference any sources you used. Bachelor of Business (Incorporating Graduate Diploma and Graduate Certificate in...

Evaluate the functions R(q) and Find the derivative of g(x) R(q)=2+q-h2 g(x) = +53x+2 X

1. Provide clearly three challenges facing the mwasalat company or some of the gaps identified in strategy based on the analysis conducted for the company. 2. Recommend any three specific options of...

What are the two key causes of inflation?

Question 2 (Internet Trade) Malaysians suffered losses amounting to about RM2.23 billion from cyber-crime frauds since 2017. According to statistics from the police, a total 67,552 cyber-crime cases...

2. In this chapter, the reader should reflect on the following concepts: Basic values, basic interests, position, socialization process, mental variables and norm distribution.

6. List examples from your local environment of people that have a so-called Protestant character. Add further characteristics to this phenomenon than those mentioned in this chapter.

10. Choose someone you know and answer the following questions: a) Does this person have a low or high level of competence in a particular field? b) Do you have a low or high level of confidence in...