The period of employment of staff in a certain company has an exponential distribution with property that
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The period of employment of staff in a certain company has an exponential distribution with property that \(92 \%\) of staff leave the company after only 16 months. What is the mean time an employee is with this company and the corresponding standard deviation?
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Related Book For 
Applied Probability And Stochastic Processes
ISBN: 9780367658496
2nd Edition
Authors: Frank Beichelt
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