In a Survey of Top Executives,it Was Found That 17

question 180

Essay

In a survey of top executives,it was found that 17% had traveled internationally
on business.The probability of one of these executives fluently speaking a foreign language was found to be 10%.The probability that one of these executives neither spoke a foreign language nor had traveled internationally was 0.81.What is the probability that an executive who speaks a foreign language has traveled internationally?

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Definitions:

Transposition

An error in which the order of the digits is changed, such as writing $542 as $452 or $524.

Trial Balance

A bookkeeping worksheet in which the balances of all ledgers are compiled into debit and credit account columns to check for errors in the double-entry system.

Journal Entries

The record of financial transactions in an accounting system, used to transfer information to the ledger, showing detailed information regarding date, accounts affected, and amounts.

Posted Correctly

The action of accurately recording transactions in the appropriate accounts in an accounting system.