In a large accounting firm, the proportion of accountants withMBA degrees and at least five years of professional experience is70% as large as the proportion of accountants with no MBA degreeand less than five years of professional experience. Furthermore,20% of the accountants in this firm have MBA degrees, and 26% havefewer than five years of professional experience. If one of thefirm’s accountants is selected at random, what is the probabilitythat this accountant has no MBA degree AND less than five years ofprofessional experience?
