# Answer to Question #72056 in Other Economics for Marvin Abban

Question #72056

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?

Expert's answer

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%.

Need a fast expert's response?

Submit orderand get a quick answer at the best price

for any assignment or question with DETAILED EXPLANATIONS!

## Comments

## Leave a comment