Questions & AnswersMath - Other

How do I calculate this?  Q5. We know that Stephen has a-90%...

Question
Answered step-by-step
Asked by BaronOkapi861 on coursehero.com

How do I calculate this?  Q5. We know that Stephen has a-90%...

How do I calculate this? 

Q5. We know that Stephen has a-90% chance to be active in 2018, and the yearly retention rate is 80% (i.e., the likelihood to be active in the next year given a customer is active in a particular year is 80%). What is the likelihood that Stephen will still be active at the end of the 2020? (A) 57.6% (B) 64.0% (C) 72.0% (D) 80.0%

 

Answer & Explanation

Solved by verified expert
Answered by JusticeWillpower17792 on coursehero.com

sectetur adipis

 

sectetur

 

sectetur adip

sectetur adipiscing elit. Nam lacinia pulvinar tortor nec facilisis. Pellentesque dapibus efficitur laoreet. Nam risus ante, dapibus a molestie consequat, ultrices ac magna. Fusce dui lectus, congue vel laoreet ac, dictu
CliffsNotes Logo

Unlock access to this and over
10,000 step-by-step explanations

Unlock Explanation

Have an account? Log In

<p>sectetur adipis</p><p> </p><p><strong>sectetur</strong></p><p> </p><p><strong>sectetur adip</strong></p>sectetur adipiscing elit. Nam lacinia pulvinar tortor nec facilisis. Pellentesque dapibus efficitur laoreet. Nam risus ante, dapibus a molestie consequat, ultrices ac magna. Fusce dui lectus, congue vel laoreet ac, dictu

Step-by-step explanation

sectetur adipiscing elit. Nam lacinia pulvinar tortor nec facilisis. Pellentesque dapibus efficitur laoree

sectetur adipiscing elit. Nam lacinia pulvinar tortor nec facilisis. Pellentesque dapibus efficitur laoreet. Nam risus ante, dapibus a mole

sectetur adipiscing elit. Nam lacinia pu

sectetur adipiscing elit. Nam lacinia pulvinar tortor nec facilisis. Pellentesque dapibus efficitur laoreet. Nam risus ante, dapibus a molestie con
sectetur adipiscing elit. Nam lacinia pulvinar tortor nec facilisis. Pellentesque dapibus efficitur laoreet. Nam risus ante, dapibus a molestie consequat, ultrices ac m
sectetur adipiscing elit. Nam lacinia pulvinar tortor nec facilisis. P

sectetur adipiscing elit. Nam lacinia pulvinar tortor nec facilisis. Pellentesque dapibus efficitur laoreet. Nam risus ante, dapibus a mole
sectetur adipiscing e
sectet

sectetur adipiscing

sectetur adipiscing elit. Nam lacinia pulvinar tortor nec facilisis. Pellentesque dapibus efficitur laoreet. Nam risus ante, dapibus a molestie cons
sectetur adipiscing elit. Nam lacinia pulvinar tortor nec facilisis. Pellentesque dapibus efficitur laoreet. Nam risus ante, dapibus a molestie consequat, ultrices ac ma
sectetur adipiscing elit. Nam lacinia pulvinar tortor nec facilisis. P

sectetur adipiscing elit. Nam lacinia pulvinar tortor nec facilisis. Pellentesque dapibus efficitur laoreet. Nam risus ante, dapibus a mole
sectetur adipiscing eli
sectetu

sectetur adipiscing elit. Nam lacinia pulvinar tortor nec facilisis. Pellentesque dapibu

Get unstuck with a CliffsNotes subscription

Example CliffsNotes Question and Answer
Unlock every step-by-step explanation, download literature note PDFs, plus more.Get Access

Related Q&A