A firm employing 100 workers has an average absenteeism rate of 4%. On a given day, what is the probability of no workers being absent?
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Expert's answer
2017-12-22T11:59:07-0500
If a firm employing 100 workers has an average absenteeism rate of 4%, then on a given day the probability of no workers being absent is p = 1 - 0.04 = 0.96 or 96%.
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