A company wants to evaluate its attrition rate, in other words, how long new hires stay with the company. Over the years, they have established the following probability distribution. Let X = the number of years a new hire will stay with the company. Let P(x) = the probability that a new hire will stay with the company x years. On average, how long would you expect a new hire to stay with the company? (Enter an exact number as an integer, fraction, or decimal.) yr x P(x) o0.14 10.16 2 0.25 3 0.20 4 50.05 6 0.05

A: Since we only answer up to 3 sub-parts, we’ll answer the first 3. Please resubmit the question and…

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A: We are allowed to answer three subparts at a time. So, we are answering the first three subparts,…