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Accounting
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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. Number of Days Absent 1 2 Probability 0.60 0.20 0.12 0.04 0.04 0.00 3 4. 5 Given the probability distribution, which of the following predictions is correct? Multiple Choice 60% of the employees will have more than one day absent per month There is a 0.04 probability that an employee will be absent one day per month. Given the probability distribution, which of the following predictions is correct? Multiple Choice 60% of the employees will have more than one day absent per month There is a 0.04 probability that an employee will be absent one day per month There is a 0.12 probability that an employee will be absent two days per month There is a 0.50 probability that an employee will be absent 0.72 days per month David's gasoline station offers 4 cents off per gallon if the customer pays in cash and does not use a credit card. Past evidence indicates that 40% of all customers pay in cash. During a one-hour period, 15 customers buy gasoline at this station. What is the probability that more than 8 and less than 12 customers pay in cash? Multiple Choice 0.210 0.212 0.092 0.562
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