To find the probability that a full-time employee is content with the vacation allowance, we need to find the ratio of the number of employees who are content with the vacation allowance to the total number of employees in the sample.
Out of the 500 employees surveyed, 78 did not use all of their vacation days and expressed a desire for more vacation time. This means that 500 - 78 = <<500-78=422>>422 employees did not express a desire for more vacation time.
Therefore, the probability that an employee is content with the vacation allowance is 422/500 = 0.844.
Rounded to the nearest millionth, the probability is 0.844.
A sample of 500 full-time employees were surveyed on their feelings about their benefits package. 78 of those studied did not use all of their vacation days last year, yet 94 of those studied expressed a desire for more vacation time. Based on this sample, if a full-time employee is chosen at random, what is the probability that he or she is content with the vacation allowance? Express your answer as a fraction in lowest terms or a decimal rounded to the nearest millionth.
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