The statement you've provided is partially correct but contains a mix-up in terminology. Let me clarify:

Translocation is indeed a chromosomal event, but it is not an inversion. Translocation refers to a situation where a segment of DNA is transferred from one chromosome to another. This can be either a reciprocal exchange between two chromosomes or a one-way transfer from one chromosome to another.

Inversion, on the other hand, is a different type of chromosomal rearrangement. In an inversion, a segment of a chromosome is reversed end to end. An inversion occurs when a single chromosome undergoes breakage and rearrangement within itself.

So, a more accurate statement would be: "Translocation is a chromosomal event in which a segment of DNA is swapped with a segment of DNA from another chromosome."