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In a study conducted for the state Department of Education,30 percent of the teachers who left teaching did so because they were laid off.Assume that we randomly select 10 teachers who have recently left their profession.Find the probability that exactly 4 of them were laid off.
Organization's Data
Represents the collective information, records, and operational datasets owned or used by a business or institution for decision making and operations.
Prescriptive Analytics
A type of business analytics that recommend one or more courses of action and showing the likely outcome of each decision.
Predictive Analytics
A type of business analytics that examines recent and historical data in order to detect patterns and predict future outcomes and trends.
Descriptive Analytics
A type of business analytics that summarize what has happened in the past and allow decision makers to learn from past behaviors.
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