Problem 1. Suppose that an employee will make a transition to one of three possible next states, Quit, Promoted, Laid Off, as follows: -Quit: rate = 0.5 per year -Promoted: rate = 0.8 per year -Laid off = 0.2 per year What is the probability that the employee quits before being promoted or laid off?

Q: 8 The value of - da is 4

A:

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A:

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Q: whats 30 of 40%

A: 30 of 40%