A company wants to evaluate its attrition rate, in other words, how long new hires stay with th company. Over the years,
Posted: Mon Jul 11, 2022 11:50 am
company wants to evaluate its attrition rate, in other words, how long new hires stay with th company. Over the years, they have established the following probability distribution. Let X = the number of years a new hire will stay with the company. the probability that a new hire will stay with the company x years. Find P(x = 4). (Enter an exact number as an integer, fraction, or decimal.) Let P(x) = P(x = 4) = x P(x) 0 0.13 10.17 2 0.25 3 0.20 4 5 0.05 6 0.05
A