THE NEXT QUESTIONS ARE BASED ON THE FOLLOWING INFORMATION

question 185

Essay

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 who speaks a foreign language has not traveled internationally?

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Definitions:

Project Management

The application of processes, methods, skills, knowledge, and experience to achieve specific project objectives according to the project acceptance criteria within agreed parameters.

Available Resources

Refers to the tools, personnel, time, and other assets that are accessible and can be utilized to achieve project objectives.

Risk Mitigation

Strategies and approaches used to reduce or control the probability and impact of negative events or risks on a project.

Risk Transfer

The strategy of passing financial risk from one party to another, often through the use of insurance or outsourced contracts.