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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?
Job Assignment
The designation of particular work roles or activities to employees based on their skills, interests, and the needs of the organization.
Skills
Abilities acquired through practice and learning that enable an individual to perform specific tasks effectively.
Skill-Based Pay
A compensation system where employees are paid based on the skills, knowledge, and abilities they bring to the job, regardless of their position or title.
Merit Pay
A system of compensation where employees are rewarded based on their performance, often evaluated through predetermined criteria.
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