What is the probability that we get our license

Assignment Help Finance Basics
Reference no: EM13264927

If we open a casino there is a .60 probability that the casino will be commercially viable. If we must be awarded a gaming license before we are allowed to open the casino and the probability of getting this license is .15, what is the probability that we get our license and the casino will be commercially viable?

Reference no: EM13264927

Questions Cloud

Explain the rate of change of h2o is related to the rate : For the gas-phase reaction shown below, choose the answer which indicates how the rate of change of H2O is related to the rate of change of C3H6.
What is the probability of a positive net present value : After studying history and the financial capabilities of our competitors going forward we determine that there is a .45 probability that competitors will respond. What is the probability of a positive net present value?
Determine what is the new potential across the plates : A 12.5 nF capacitor is fully charged by a 12 V source. a) What is the charge on the capacitor b) What is the energy stored in the capacitor. Now the charged capacitor is disconnected from the source and a dielectric, porcelain, is placted between the..
Outline and discuss the benefits of organisational diversity : Preparing for policy development: the task group should attempt to gain an understanding of what is required of them.
What is the probability that we get our license : what is the probability that we get our license and the casino will be commercially viable?
Significant financial losses due to fradulent activities : The United States healthcare system has suffered significant financial losses due to fradulent activities. Why has this occured?  And, how can the problem be solved? Please list references.
What happens to the value of the diversified portfolio : What happens to the value of the diversified portfolio if the first two investments are both a total loss?
A concentration of reactants the rate of appearance of water : At a certain concentration of reactants the rate of appearance of water in the following reaction is 0.43 M/s.
What is the expected value from a single roll : Would a risk-averse investor be willing to pay the expected value for the opportunity to play?

Reviews

Write a Review

Finance Basics Questions & Answers

  Financial reporting and analysis

Finance is about Gunns Ltd, a company in dealing with forestry products in Australia. The company has also been listed in Australian Stock Exchange. As many companies producing forestry products, even Gunns Ltd is facing various problems. Due to the ..

  A report on financial accounting

This report is specific for a core understanding for Financial Accounting and its relevant factors.

  Describe the types of financial ratios

Describe the types of financial ratios and other financial performance measures that are used during venture's successful life cycle.

  Differences between sole proprietorship and corporation

Briefly describe the major differences between a sole proprietorship and a corporation

  Prepare a cash budget statement

Calculate the expected value of the apartment in 20 years' time. What is the mortgage loan repayment at the beginning of each month

  What are the implied interest rates

What are the implied interest rates in Europe and the U.S.?

  State pricing theory and no-arbitrage pricing theory

State pricing theory and no-arbitrage pricing theory

  Small business administration

Identify the likely stage for each venture and describe the type of financing each venture is likely to be seeking and identify potential sources for that financing.

  Effect of financial leverage

The Effect of Financial Leverage and working capital management

  Evaluate the basis for the payment to the lender

Evaluate the basis for the payment to the lender and basis for the payment to the company-counterparty.

  Importance of opps, ipps, mpfs and dmepos

Research and discuss the differences and importance of : OPPS, IPPS, MPFS and DMEPOS.

  Time value of money

Time Value of Money project

Free Assignment Quote

Assured A++ Grade

Get guaranteed satisfaction & time on delivery in every assignment order you paid with us! We ensure premium quality solution document along with free turntin report!

All rights reserved! Copyrights ©2019-2020 ExpertsMind IT Educational Pvt Ltd