If sick-leave time X used by employees of a company in one month is (very roughly) normal with mean 1000 hours and standard deviation 100 hours, how much time t should be budgeted for sick leave during the next month if t is to be exceeded with probability of only 20%?
Chapter 24, PROBLEM SET 24.8 #11
If sick-leave time X used by employees of a company in one month is (very roughly) normal with mean 1000 hours and standard deviation 100 hours, how much time t should be budgeted for sick leave during the next month if t is to be exceeded with probability of only 20%?
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