Question: A local Internet provider finds that at any given time, on average they have 2 , 4 4 9 customers. Their average customer lifespan is
A local Internet provider finds that at any given time, on average they have customers. Their average customer lifespan is months. Assume that the average number of customers over time is stable notice that this would imply that the signup rate and churn rate are equal to each other
What is the average monthly churn rate for this company, expressed as the number of customers per month? That is on average, how many customers stop dealing with the company each month? Round your answer to two decimals if needed.
Hint: the churn rate the rate at which the customers are leaving the company being equal to the signup rate the rate at which new customers are signing up is your "flow rate".
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