Home Homework Help A company wants to evaluate its attrition rate, in other words, how
Homework Help

A company wants to evaluate its attrition rate, in other words, how

A company wants to evaluate its attrition rate, in other words, how.

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 the following probability distribution.

Let X = the number of years a new hire will stay with the company. 
Let P(x) = the probability that a new hire will stay with the company x years.

A company wants to evaluate its attrition rate, in other words, how

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