A company studied the number of lost-time accidents occurring at its Brownsville, Texas, plant. Historical records show
Question:
A company studied the number of lost-time accidents occurring at its Brownsville, Texas, plant. Historical records show that 6% of the employees had lost-time accidents last year. Management believes that a special safety program will reduce the accidents to 5% during the current year. In addition, it estimates that 15% of those employees having had lost-time accidents last year will have a lost-time accident during the current year.
a. What percentage of the employees will have lost-time accidents in both years?
b. What percentage of the employees will have at least one lost-time accident over the two-year period?
Step by Step Answer:
Modern Business Statistics With Microsoft Excel
ISBN: 9781337115186
6th Edition
Authors: David R. Anderson, Dennis J. Sweeney, Thomas A. Williams, Jeffrey D. Camm, James J. Cochran