If the probability of back office staff leaving the treasury job is 0.40, probability of transaction error

Question:

If the probability of back office staff leaving the treasury job is 0.40, probability of transaction error = 0.60; and probability of both happening

= 0.30. Then, estimate the probability of occurrence of transaction error conditional upon back office people leaving the job?

Fantastic news! We've Found the answer you've been seeking!

Step by Step Answer:

Question Posted: