Probability that an executive who speaks a foreign language

Assignment Help Game Theory
Reference no: EM1390898

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?

Reference no: EM1390898

Questions Cloud

Calculate the schedule variance schedule performance index : Calculate the schedule variance, schedule performance index,and cost performance index for the project to date
P-value to the confidence interval for the mean : Suppose that you do a test for H0: μ = 6 against HA: μ &neq; 6 you obtain a sample mean of 6.5 and the test gives you a a p-value of 6%. We want to connect the p-value to the confidence interval for the mean.
Identify key gaps in planning for the exit : Identify key gaps in planning for the exit. Provide recommendations on the exit strategy. Is the sale the right one? What steps ought to be taken to maximize the sales-price?
Cxplain the variation within a species : Claussen and colleagues proposed two hypotheses to describe this variation within a species. There are genetic differences between populations of plants found at different elevations.
Probability that an executive who speaks a foreign language : What is the probability that an executive who speaks a foreign language has not traveled internationally?
Product contamination is a catastrophic event : Product contamination is a catastrophic event, both for the organization at fault and for the victims. Cases of product contamination frequently make the news.
Case study - mr henry wilson : Mr Henry Wilson is a 54 year old bank manager who presents to the Emergency Department with a sudden onset of shortness of breath and left sided chest pain whilst watching the evening news.
Identify the behaviors often incorporated by entrepreneurial : Identify the effective general leadership traits that have contributed to The Little Guys' ongoing success. Identify the behaviors often incorporated by entrepreneurial leaders.
What is the p-value for the test statistic : In a Gallop poll of 1012 randomly selected adults, 9% said that cloning of humans should be allowed. We are going to use a .05 significance level to test the claim that less than 10% of all adults say that cloning of humans should be allowed. The ..

Reviews

Write a Review

Game Theory Questions & Answers

  Describe the meaning of a nash equilibrium

Describe the meaning of a Nash Equilibrium when companies are competing with respect to price. Explain why is the equilibrium stable?

  Providing service to an intermediate market

For the time-frame of this study, once a market has reached a higher category, it won't fall back to a lower category. What is the probability that Logistics will stop providing service to an Intermediate market before becoming a High market?

  What is the p-value for the test statistic

In a Gallop poll of 1012 randomly selected adults, 9% said that cloning of humans should be allowed. We are going to use a .05 significance level to test the claim that less than 10% of all adults say that cloning of humans should be allowed. The ..

  Calculating the nash equilibrium

Suppose you have been offered chance to participate in a Treasure Hunt game whose rules are as follows. There are 3-colored boxes: red, green and yellow.

  Critical value and test statistic

A light-bulb manufacturer advertises that the average life for its light bulbs 900 hours. A random sample of 10 of its light bulbs resulted in the following lives in hours. At the 10% significance level, do the data provide evidence that the mean ..

  Question about nash equilibrium

Following is a payoff matrix for Intel and AMD. In each cell, 1st number refers to AMD's profit, while second is Intel's.

  Determine the nash equilibrium for trade policy

Consider trade relations in the United State and Mexico. Suppose that leaders of two countries believe the payoffs to alternative trade policies are as follows:

  Nash equilibrium based question

Consider the following data for a simultaneous move ggiven: If you advertise and your rival advertises, you will each earn 5 million dollar in profits.

  Lp problem using the corner point graphical method

Solve the following LP problem using the corner point graphical method. At the optimal solution, calculate the slack for each constraints

  Analyze the determination of a new long run equilibrium

Suppose that the MBA education industry is constant cost and is in long run equilibrium. Demand raise, but due to strict accreditation standards, new companies are not allowed to enter the market.

  Test the claim when mean is less

A manufacturer makes ball bearings that are supposed to have a mean weight of 30 g. A retailer suspects that the mean weight is actually less than 30 g. The mean weight for a random sample of 16 ball bearings is 29.5 g. with a standard deviation o..

  Determine nash equilibrium

The following payoff matrix represents long run payoffs for 2-duopolists faced with the option of purchasing or leasing buildings to use for production.

Free Assignment Quote

Assured A++ Grade

Get guaranteed satisfaction & time on delivery in every assignment order you paid with us! We ensure premium quality solution document along with free turntin report!

All rights reserved! Copyrights ©2019-2020 ExpertsMind IT Educational Pvt Ltd