A company is studying the number of monthly absences among its 125 employees. The following probability distribution shows the likelihood that people were absent 0, 1, 2, 3, 4, or 5 days last month.
-What is the mean number of days absent?
Definitions:
Dividend Growth
The annual rate at which a company's dividend payments to shareholders increase.
Dividend Growth Rate
The annual growth percentage rate of dividends paid to shareholders by a company.
Expected Dividend
The dividend payment a shareholder anticipates to receive based on the company's current dividend policy or trends.
Stock Price
The present cost at which a company's share is traded in the market.
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