The lengths of time employees have worked at a corporation are normally distributed, with a mean of
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The lengths of time employees have worked at a corporation are normally distributed, with a mean of 11.2 years and a standard deviation of 2.1 years. In a company cutback, the lowest 10% in seniority are laid off. What is the maximum length of time an employee could have worked and still be laid off?
a. Sketch a graph.
b. Find the z-score that corresponds to the given area.
c. Find x using the formula x = μ + zσ.
d. Interpret the result.
CorporationA Corporation is a legal form of business that is separate from its owner. In other words, a corporation is a business or organization formed by a group of people, and its right and liabilities separate from those of the individuals involved. It may...
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a b z 128 c x z 112 128 21 8512 ...View the full answer
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Related Book For 
Elementary Statistics Picturing The World
ISBN: 9780321911216
6th Edition
Authors: Ron Larson, Betsy Farber
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