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Fair Value: Formula and Examples.



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How to Calculate Fair Value: Formula and Examples What is the difference between cost model and fair value model? The cost model and fair value model are two common valuation models used to estimate the value of a company or asset. The cost model estimates the value of an asset based on the historical cost … Read more

What is Bayes Theorem?



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In terms of probability, Bayes' Theorem refers to the information that is used to know what the conditional probability of an event is. This concept of Bayes Theorem was developed by the mathematician Thomas Bayes. His intention was to determine the probability of one event relative to the probability of a different event. What is … Read more