Answer:
Turnover index = 13.74
Explanation:
Given that,
Total no. of homes = 524
Sold homes = 72
We need to find the turnover index in this neighborhood. It is defined as the ratio total number of leavers in a month by your average number of employees in a month multiplied by 100.
In this situation,
[tex]\text{turnover index}=\dfrac{\text{sold homes}}{\text{Total no. of homes}}\times 100\\\\=\dfrac{72}{524}\times 100\\\\=13.74[/tex]
Hence, the turnover index rate is 13.74.
