
Navin P. answered 02/28/23
Demystify Probability with an Expert in Statistical Analysis
Since the highest probability of hiring someone can be = 1, we can have the highest value of the set {x, 2x, 4x} to be equal to one. The highest value in this set is 4x. So
4x <=1
Hence x<=1/4
This should be the answer.
Now the situation would be harder if the company has a limit on the hires it could make (this is not the question, though). If you have any related questions, feel free to message me on my profile!