bayesian formula

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    Newbie HR guy - how to best forecast retirements in company

    Hi - I am a HR professional looking to self learn statistical modeling for new responsibilities at work..Need to forecast no. of employees who may retire next 10 years. What would be simple way to forecast for this? I have historical retirements data broken by age groups (50-55 etc). Have...
  2. D

    Application of conditional probability with three variables

    I have a question concerning the following problem: A hunter has a double-barrelled shotgun. The probability that at least one shot hits the target is 90%. 80% of the time the first shot of the hunter hits the target. 80% percent of the time the hunter hit with the second shot. 75% of the...