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THE NEXT QUESTIONS ARE BASED ON THE FOLLOWING

question 224

Multiple Choice

THE NEXT QUESTIONS ARE BASED ON THE FOLLOWING:
A company hires management trainees for entry level sales positions.Past experience indicates that only 10% will still be employed at the end of nine months.Assume the company recently hired six trainees.
-What is the expected number of the trainees that will still be employed at the end of nine months?


Definitions:

Water Damage

Harm caused to property by water intrusion from various sources such as flooding, leaks, or moisture, which can lead to structural damage, mold, and other issues.

Professional Insurance

Insurance coverage aimed at professionals that protects them against potential claims made by their clients for errors, omissions, or negligence in the performance of their professional duties.

Malpractice

Professional misconduct or failure to adhere to the standards of the profession, resulting in harm or loss.

Real Property Insurance

Insurance coverage that protects real estate from risks such as fire, theft, and natural disasters.

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