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LetX= the number of years a new hire will stay with the company. LetP(x) = the probability that a new hire will stay with the
LetX= the number of years a new hire will stay with the company.
LetP(x) = the probability that a new hire will stay with the companyxyears.
1. Complete Table using the data provided.
X P(X)
0 0.12
1 0.18
2 0.3
3 0.15
4
5 0.1
6 0.05
2. P(x= 4) =
3. P(x 5) =
4. On average, how long would you expect a new hire to stay with the company?
5. What does the column "P(x)" sum to?
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