AID17623: Explain with a suitable example the concept of the project charter.

AID10001: A chartered Accountant applies for a job in two firms X and Y. He estimates that the profitability of his being selected in firm X is 0.7. and being rejected in Y is 0.5 and the probability that at least one of his applications rejected is 0.6. What is the probability that he will be selected in one of the firms.