Behavioral Finance by Edwin Burton & Sunit N. Shah

Author:Edwin Burton & Sunit N. Shah
Language: eng
Format: epub
ISBN: 9781118331927
Publisher: Wiley
Published: 2013-03-07T16:00:00+00:00

These probabilities then represent the base rates, or the probabilities that Tom W. is a member of each department unconditional on any information about his personality.

Once we receive his personality assessment, we have additional information we can use to approximate the likelihood Tom is in each department.3 Let's say the proportion of all grad students in each department that fits this profile are as follows:

Business Administration: 30%

Computer Science: 70%

Engineering: 45%

Humanities and Education: 20%

Law: 20%

Medicine: 15%

Library Science: 40%

Physical and Life Science: 30%

Social Science and Social Work: 5%

Download

Copyright Disclaimer:
This site does not store any files on its server. We only index and link to content provided by other sites. Please contact the content providers to delete copyright contents if any and email us, we'll remove relevant links or contents immediately.