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Career Center.Life is full of random events! You need to get a "feel" for them to be a smart and successful person. Events can be " Independent ", meaning each event is not affected by any other events. But events can also be "dependent" So the next event depends on what happened in the previous event, and is called dependent.

Note: if we replace the marbles in the bag each time, then the chances do not change and the events are independent :. A Tree Diagram : is a wonderful way to picture what is going on, so let's build one for our marbles example.

Now we can answer questions like "What are the chances of drawing 2 blue marbles? We love notation in mathematics! It means we can then use the power of algebra to play around with the ideas.

So here is the notation for probability:. So we have to say which one we wantand use the symbol " " to mean "given":. For the first card the chance of drawing a King is 4 out of 52 there are 4 Kings in a deck of 52 cards :.

But after removing a King from the deck the probability of the 2nd card drawn is less likely to be a King only 3 of the 51 cards left are Kings :. Let's build a tree diagram.

First we show the two possible coaches: Sam or Alex:. The probability of getting Sam is 0. When we take the 0. What is the chance that any of them chose the same number?

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Following the "No, Yes" path Following the "No, No" path Also notice that when we add all chances together we still get 1 a good check that we haven't made a mistake :. But here is something interesting It is often easier to work out the "No" case and subtract from 1 for the "Yes" case. This idea is shown in more detail at Shared Birthdays. Hide Ads About Ads. Independent Events Events can be " Independent ", meaning each event is not affected by any other events. Example: Tossing a coin.

Each toss of a coin is a perfect isolated thing. What it did in the past will not affect the current toss. So each toss is an Independent Event. Example: Marbles in a Bag 2 blue and 3 red marbles are in a bag. What are the chances of getting a blue marble? The chance is 2 in 5 But after taking one out the chances change! So the next time: if we got a red marble before, then the chance of a blue marble next is 2 in 4 if we got a blue marble before, then the chance of a blue marble next is 1 in 4.

Replacement Note: if we replace the marbles in the bag each time, then the chances do not change and the events are independent : With Replacement: the events are Independent the chances don't change Without Replacement: the events are Dependent the chances change.Testata registrata presso il Tribunale di Patti Reg.

I - 13 luglion. Emilia Romagna n. Caso, Est. Loria -G. Comune di Corniglio avv. Con il ricorso principale, notificato in data La richiesta veniva reiterata in data La Provincia di Parma riscontrava la richiesta con nota in data Il Comune di Corniglio, con deliberazione n. Con motivi aggiunti depositati in data Con ordinanza cautelare in data Con ulteriori motivi aggiunti depositati in data Alla pubblica udienza del Con i motivi aggiunti depositati in data I motivi aggiunti sono fondati atteso il combinato disposto delle disposizioni degli articoli 4, 5 e 7 della legge regionale 22 luglio n.

Anche i secondo motivi aggiunti depositati in data In primo luogo, giova rilevare il mancato richiamo nelle premesse e nel dispositivo del provvedimento della deliberazione n. In disparte tale incertezza derivante dalla lettura del provvedimento, i motivi aggiunti sono fondati.

Infatti, la deliberazione del Il Comune stesso propone alla Provincia di Parma di variare il P. In considerazione di tale assorbente violazione di legge i motivi aggiunti devono essere accolti con annullamento della deliberazione impugnata.

Conclusivamente il Collegio dichiara il ricorso principale improcedibile per sopravvenuto difetto di interesse; accoglie sia i primi che i secondi motivi aggiunti. Le spese di giudizio seguono la regola della soccombenza e sono liquidate come da dispositivo. Condanna il comune di Corniglio al pagamento delle spese di giudizio che liquida in euro 4.

Compensa le spese relativamente alle altre parti del giudizio.The current stock price can be found by plugging the stock symbol into any major finance website. The price-to-sales ratio is a key analysis and valuation tool for investors and analysts. The ratio shows how much investors are willing to pay per dollar of sales.

A low ratio may indicate the stock is undervaluedwhile a ratio that is significantly above the average may suggest overvaluation. The typical month period used for sales in the price-to-sales ratio is generally the past four quarters also called trailing 12 months or TTMor the most recent or current fiscal year. A price-to-sales ratio that is based on forecast sales for the current year is called a forward ratio.

As an example, consider the quarterly sales for Acme Co. One reason for this could be the With 4. Enterprise value adds debt and preferred shares to the market cap and subtracts cash.

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Comparing companies in different industries can prove difficult as well. Companies that make video games will have different capabilities when it comes to turning sales into profits, compared to the likes of grocery retailers.

Financial Ratios. Company Profiles. Your Money. Personal Finance. Your Practice. Popular Courses. Table of Contents Expand. What Is the Price-to-Sales Ratio? A low ratio could imply the stock is undervalued while a ratio that is higher-than-average could indicate that the stock is overvalued. Compare Accounts. The offers that appear in this table are from partnerships from which Investopedia receives compensation. Related Terms Enterprise Value — EV Enterprise value EV is a measure of a company's total value, often used as a comprehensive alternative to equity market capitalization.

EV includes in its calculation the market capitalization of a company but also short-term and long-term debt as well as any cash on the company's balance sheet.

What Is a Price Multiple? A price multiple is any ratio that uses the share price of a company in conjunction with some specific per-share financial metric for a valuation measure. Relative Valuation Model A relative valuation model is a business valuation method that compares a firm's value to that of its competitors to determine the firm's financial worth.

EV-to-sales gives investors a quantifiable metric of how much it costs to purchase the company's sales. Earnings Definition Earnings typically refer to after-tax net income, meaning a company's profits. Earnings are the main determinant of a company's share price.

Partner Links. Related Articles. Investopedia is part of the Dotdash publishing family.I normali tassi di cambio non sono adatti allo scopo, per due motivi: [1]. Ciascun paese comunica i prezzi di tutti i prodotti presenti sul proprio mercato, anche di quelli non rappresentativi. L'elaborazione inizia organizzando i dati relativi a ciascuna posizione rappresentativa in una matrice come la seguente: [3].

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La caratteristica risente del fatto che le PPA vengono calcolate sulla base dei prezzi di tutti i paesi e, pertanto, le PPA di due paesi nei quali i prezzi restassero costanti cambierebbero a seguito di cambiamenti nei prezzi di altri, o anche solo nel numero di paesi considerati.

In una prima fase si calcolano le PPA per singola posizione rappresentativa. Usando i dati della matrice precedente, si ottiene una nuova matrice con le PPA di tipo Laspeyres:. Si ottiene una matrice analoga a quella appena vista:. I numeri in neretto sono calcolati in modo diverso. Non possono essere calcolati secondo la formula, in quanto mancano sia L a,d che P d,a ; vengono quindi stimati mediante la media geometrica di tutti gli indici che indirettamente le collegano:.

Si ottiene pertanto la matrice:.

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Il passo ulteriore consiste nel trovare un'unica PPA per ciascun paese, che abbia come base l'intero gruppo di paesi. Per avere come base tutti basta quindi calcolare, per ciascun paese, l'inverso della media geometrica di tutti i valori presenti nella sua colonna. Si deve invece procedere calcolando le PPA per ciascun aggregato che interessa. Le PPA aggregate di tipo Paasche vengono calcolate in modo analogo, ma usando come pesi le quote di spesa del paese partner w p,j invece di w p,i :.

Le prime PPA vennero calcolate per 10 paesi con riferimento alpoi al per 16 paesi, al per Sia l' OCSE che Eurostat partecipano all'ICP, condividendone la metodologia, ma si avvalgono di propri strumenti e di risorse maggiori di quelle di altri paesi. Eurostat produce annualmente, comunque, le PPA per i paesi membri.

I normali tassi di cambio non sono adatti allo scopo, per due motivi: [1] sono determinati dalla domanda e dall'offerta delle diverse valute, che dipendono in buona misura dai flussi di capitali e da operazioni speculative e, pertanto, non riflettono solo i prezzi di beni e servizi; sono indifferenti all'andamento dei prezzi di molti beni e servizi che, come gli edifici o i servizi delle amministrazioni pubbliche, non sono oggetto di scambi internazionali.

Table of final resultsfebbraio Reddy e Thomas W. Portale Economia : accedi alle voci di Wikipedia che trattano di economia.Phillip Tomb established Slate Run in Vast virgin white pine and hemlock forests covered the steep mountains and valleys, inspiring settlers to call this area The Black Forest. Elk, mountain lions, and wolves roamed these enchanted wild lands. The lumber industry discovered the area, a lumber boom ensued, and the first store in Slate Run was born.

One acre of forest producedboard feet of lumber in those days. Logs were floated down river until a railway was established in The lumber boom ended, but the store remained.

Our store's mission is simple: To provide polite, friendly service to each customer that enters the store and to make sure that his or her vacation is better because of us. In other words, we aim to treat every customer the way we would like to be treated when we are on vacation. Very simple! For more information, please contact us at Phone: Pennsylvania Web Design by AppNet.

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Stream Conditions Historical Stream Conditions. Area Information Places to Stay. Contact Directions. Welcome to the Slate Run Tackle Shop! An incredible opportunity!

Weather Forecast Weather Maps. Get in Touch with Us!It can also be used to compare a company against its own historical record or to compare aggregate markets against one another or over time.

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The formula and calculation used for this process follow. EPS comes in two main varieties. This is the company's best-educated guess of what it expects to earn in the future.

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A third and less common variation uses the sum of the last two actual quarters and the estimates of the next two quarters. Sometimes called "estimated price to earnings," this forward-looking indicator is useful for comparing current earnings to future earnings and helps provide a clearer picture of what earnings will look like — without changes and other accounting adjustments. Furthermore, external analysts may also provide estimates, which may diverge from the company estimates, creating confusion.

The fact that the EPS number remains constant, while the stock prices fluctuate, is also a problem. The price-to-earnings ratio can also be seen as a means of standardizing the value of one dollar of earnings throughout the stock market.

The earnings yield is thus defined as EPS divided by the stock price, expressed as a percentage. Earnings yields can be useful when concerned about the rate of return on investment.

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For equity investors, however, earning periodic investment income may be secondary to growing their investments' values over time. The earnings yield is also useful in producing a metric when a company has zero or negative earnings. If a company has negative earnings, however, it will produce a negative earnings yield, which can be interpreted and used for comparison.

Like any other fundamental designed to inform investors on whether or not a stock is worth buying, the price-to-earnings ratio comes with a few important limitations that are important to take into account, as investors may often be led to believe that there is one single metric that will provide complete insight into an investment decision, which is virtually never the case.

Opinions vary on how to deal with this. Valuations and growth rates of companies may often vary wildly between sectors due both to the differing ways companies earn money and to the differing timelines during which companies earn that money. For example, suppose there are two similar companies that differ primarily in the amount of debt they take on.

However, if business is good, the one with more debt stands to see higher earnings because of the risks it has taken. The market determines the prices of shares through its continuous auction. The printed prices are available from a wide variety of reliable sources. However, the source for earnings information is ultimately the company themselves. This single source of data is more easily manipulated, so analysts and investors place trust the company's officers to provide accurate information.

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