Assignment:
According to BusinessWeek, 50% of top managers leave their jobs within 5 years.13 If 25 top managers are followed over 5 years after they assume their positions, what is the probability that none will have left their jobs? All of them will have left their jobs? At least one will have left the position? What implicit assumption are you making and how do you justify it?
Your answer must be typed, double-spaced, Times New Roman font (size 12), one-inch margins on all sides, APA format and also include references.