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Let a Be the Event That a Student Is Enrolled

question 92

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Let A be the event that a student is enrolled in an accounting course, and let S be the event that a student is enrolled in a statistics course.It is known that 30% of all students are enrolled in an accounting course and 40% of all students are enrolled in statistics.Included in these numbers are 15% who are enrolled in both statistics and accounting.A student is randomly selected, and it is found that the student is enrolled in accounting.What is the probability that this student is also enrolled in statistics?

Differentiate between traditional ventures and social purpose ventures in terms of market impact.
Comprehend the role of venture philanthropy in supporting nonprofit organizations.
Acknowledge the importance of corporate social responsibility (CSR) in hybrid models of social entrepreneurship.
Understand the concept of social venture capital and its implications for economic development and social impact.

Definitions:

Cash Payments Journal

A journal used in accounting to record all cash outflows or payments made by a company.

Revenue Journal

A specialized accounting journal used to record the sales of services or goods on credit, highlighting the revenue aspect of transactions.

Fees Earned

Revenue generated by a company through the provision of services.

Customer Invoices

Financial documents issued by a seller to a buyer, detailing the sale transaction and requesting payment.

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