Probability that professors leave the department

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Reference no: EM1392066

A faculty member can be either an assistant professor, an associate professor, or a full professor. In terms of departmental standing, a full professor is above an associate professor, who is in turn, above assistant professor. At the end of each academic year, 13% of assistant professors become associate professors and 18% leave the department; 21% of associate professors become full professors, and 17% leave the department; and 9% of full professors leave the department.

Reference no: EM1392066

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