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The probability of a worker being fired from or quitting a particular job in any unit of time is represented by the following function.
The probability of a worker being fired from or quitting a particular job in any unit of time is represented by the following function.
Q = a - bT - cT2
Where Q is the probability of leaving the firm and T is the length of time the worker has been held that job. Explain what this says and why it occurs
this question was about 10 points so i need breif explaination
i found the answer as but need more explaination
a , b , c constants so as T increasing the probability (Q) of leaving a job is decreasing , it says worker who has worked for longer time is less probable to leave the job
