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THE NEXT QUESTIONS ARE BASED ON THE FOLLOWING INFORMATION:
In a survey of top executives,it was found that 46% had either traveled internationally on business or could fluently speak a foreign language.The probability that an executive who had not traveled internationally could speak a foreign language was 10%.It was found that only 4% of the executives had traveled internationally and could speak a foreign language.
-What is the probability that an executive has not traveled internationally?
Business Entities
Organizations established as separate legal entities for the purpose of conducting business, such as corporations, partnerships, and sole proprietorships.
Sole Proprietorship
A business structure where the business is owned and operated by a single individual, who bears unlimited liability.
Corporation
A legal entity that is separate and distinct from its owners, providing limited liability to its shareholders.
Capital Account Balance
The amount of money in a company's or individual's capital account, indicating the net investment in the entity at a specific point in time.
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