Travel time for employees at a large company is approximately normally distributed with a mean of...
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Travel time for employees at a large company is approximately normally distributed with a mean of 31.1 minutes. If 3% of the employees travel no longer than 8.54 minutes to work, determine the standard deviation of the travel time for all the employees? Report your answer accurate to 1 (one) decimal place. Standard deviation = minutes Travel time for employees at a large company is approximately normally distributed with a mean of 31.1 minutes. If 3% of the employees travel no longer than 8.54 minutes to work, determine the standard deviation of the travel time for all the employees? Report your answer accurate to 1 (one) decimal place. Standard deviation = minutes
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employees we can use the concept of zscores Given that the mean travel time ... View the full answer
Related Book For
Financial Reporting Financial Statement Analysis and Valuation a strategic perspective
ISBN: 978-1337614689
9th edition
Authors: James M. Wahlen, Stephen P. Baginski, Mark Bradshaw
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