Question: Complete Table 4.1 using the data provided. A company wants to evaluate its attrition rate, in other words, how long new hires stay with the

Complete Table 4.1 using the data provided.

P(x) X 0 0.12 1 0.18 2 0.30 3 0.15 4 5

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.

P(x) X 0 0.12 1 0.18 2 0.30 3 0.15 4 5 0.10 6 0.05 Table 4.1

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