A Company Is Studying the Number of Monthly Absences Among

question 23

Multiple Choice

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. Given the probability distribution, which of the following predictions is correct?

• A) 60% of the employees will have more than one day absent for a month.
• B) There is a 0.04 probability that an employee will be absent 1 day during a month.
• C) There is a 0.12 probability that an employee will be absent 2 days during a month.
• D) There is a 0.50 probability that an employee will be absent 0.72 days during a month.

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Definitions:

Digital Marketspace

An online platform or environment where businesses and consumers can interact and conduct transactions electronically.

Recreational Equipment, Inc.

An American retail and outdoor recreation services corporation, often referred to by its abbreviation, REI.

Form Utility

The value added to a product through the process of altering its form or assembling its components to make it more useful or appealing to customers.

Marketspace Opportunity

Prospects for business growth and development within online or digital marketplaces, driven by changing consumer behaviors and technological advancements.