Average number of hours worked in 2012 = 2080*0.998 = 2075.84 hours Number of employees needed = 25000000/(1.96224*2075.84) = 6137.54 = 61378…

Average number of hours worked in 2012 = 2080*0.998 = 2075.84 hours

Number of employees needed = 25000000/(1.96224*2075.84) = 6137.54

= 61378 employees

WHAT DID U USE TO CALCULATE 0.998

AnswerThe value 0.998 is obtained as shown below:99.8/100 = 0.99899.8 is the value of average annual hours worked per employed person in manufacturing inCzech Republic as indicated in table 4…