Question
Given that E and F are events such that P(E) = 0.7, P(F)
= 0.4 and P(E ∩ F) = 0.3, find P(E|F) and P(F|E)Solution
Given P(E) = 0.7, P(F) = 0.4 and P(E ∩ F) = 0.3 P(E|F) = P(E ∩ F)/ P(F) = 0.3/0.4 = 3/4 P(F|E) = P(E ∩ F)/ P(E) = 0.3/0.7 = 3/7
Which IND AS governs accounting for insurance transactions in India?
Which of the following is an example of an intangible asset?
Stock on 1st Jan = ₹1,00,000
Purchases = ₹2,50,000
Sales = ₹3,00,000
Gross Profit = 25% on sales
Stock destroyed in fi...
In government project accounting (like infrastructure projects), revenue recognition may use percentage-of-completion method. Which of the following bes...
A company makes the following purchases during a month: 100 units at ₹10 each on 1 July and 200 units at ₹12 each on 14 July and later, on 25 July, ...
A trucking company purchases a delivery truck for ₹12,00,000. It expects the truck to deliver 3,00,000 km over its life and have a salvage value of �...
Match the following:
Which of the following is NOT a type of insurance?
Expiration of cost of intangible assets is referred to as:
Zero-Based Budgeting (ZBB) requires:
Relevant for Exams: