Capital investments from companies

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Reference no: EM1387744

Toledo, OH has been experiencing improved economic growth following huge capital investments from companies like Chrysler. You have just been hired by RGP, an agency for facilitating business expansion and location in the Toledo metropolitan area. You will be part of a project team working to attract some foreign businesses to Toledo. Of the RGP workforce, 48% have had no experience in international business, 43% have had limited experience (<5 years) and the rest have had extensive experience (≥5 years). You and two others are chosen at random to constitute the project team. What is the probability that the first teammate you meet has:

a) Some international business experience?

b) No more than limited international business experience?

Reference no: EM1387744

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