A company wants to evaluate its attrition rate, in other words, how long new hires stay with the company. Over the years, they have established th following probability distribution. Let X be the...


A company wants to evaluate its attrition rate, in other words, how long new hires stay with the company. Over the years, they have established th<br>following probability distribution. Let X be the number of years a new hire will stay with the company. Also, let P(x) be the probability that a new hir<br>will stay with the company x years.<br>P(x)<br>X<br>10<br>0.12<br>1<br>0.18<br>2<br>0.30<br>3<br>0.15<br>4<br>5<br>0.1<br>6<br>0.05<br>(a) Complete the above table using the data provided.What is the missing value in the table?<br>

Extracted text: A company wants to evaluate its attrition rate, in other words, how long new hires stay with the company. Over the years, they have established th following probability distribution. Let X be the number of years a new hire will stay with the company. Also, let P(x) be the probability that a new hir will stay with the company x years. P(x) X 10 0.12 1 0.18 2 0.30 3 0.15 4 5 0.1 6 0.05 (a) Complete the above table using the data provided.What is the missing value in the table?
P(x s5) =<br>

Extracted text: P(x s5) =

Jun 03, 2022
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