Shipping Errors The following information pertains to three shipping terminals operated by Krag Corp. Terminal Land Air Sea Percentage of Cargo Handled 50 40 10 Percentage of Error 2 4 14 Krag's internal auditor randomly selects one set of shipping documents, ascertaining that the set selected contains an error. Which of the following gives the probability that the error occurred in the Land Terminal? Source: CPA Examination. (a) 0.02 (c) 0.25 (b) 0.10 (d) 0.50

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25. Shipping Errors The following information pertains to three
shipping terminals operated by Krag Corp.
Terminal
Land
Air
Sea
Percentage
of Cargo
Handled
50
40
10
Percentage
of Error
2
4
14
Krag's internal auditor randomly selects one set of shipping
documents, ascertaining that the set selected contains an error.
Which of the following gives the probability that the error
occurred in the Land Terminal? Source: CPA Examination.
(a) 0.02
(c) 0.25
(b) 0.10
(d) 0.50
Transcribed Image Text:25. Shipping Errors The following information pertains to three shipping terminals operated by Krag Corp. Terminal Land Air Sea Percentage of Cargo Handled 50 40 10 Percentage of Error 2 4 14 Krag's internal auditor randomly selects one set of shipping documents, ascertaining that the set selected contains an error. Which of the following gives the probability that the error occurred in the Land Terminal? Source: CPA Examination. (a) 0.02 (c) 0.25 (b) 0.10 (d) 0.50
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