Aconsulting firm submitted a bid for a large research project. the firm’s management
initially felt they had a 50–50 chance of getting the project. however, the agency to which
the bid was submitted subsequently requested additional information on the bid. past
experience indicates that for 75% of the successful bids and 40% of the unsuccessful bids
the agency requested additional information.
a. what is the prior probability of the bid being successful (that is, prior to the request
for additional information)?
b. what is the conditional probability of a request for additional information given that
the bid will ultimately be successful?
c. compute the posterior probability that the bid will be successful given a request for
additional information.

You are thinking of making your mansion more energy efficient by replacing some of the light bulbs with compact fluorescent bulbs, and insulating part or all of your exterior walls. each compact fluorescent light bulb costs $4 and saves you an average of $2 per year in energy costs, and each square foot of wall insulation costs $1 and saves you an average of $0.20 per year in energy costs.† your mansion has 150 light fittings and 3000 sq ft of uninsulated exterior wall. to impress your friends, you would like to spend as much as possible, but save no more than $750 per year in energy costs (you are proud of your large utility bills). how many compact fluorescent light bulbs and how many square feet of insulation should you purchase? how much will you save in energy costs per year? (if an answer does not exist, enter dne.)

Selected transactions of the carolina company are listed below. classify each transaction as either an operating activity, an investing activity, a financing activity, or a noncash activity. 1. common stock is sold for cash above par value. 2. bonds payable are issued for cash at a discount

In macroeconomics, to study the aggregate means to study blank