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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Related Book For answer-question

Advanced Engineering Mathematics

10th edition

Authors: Erwin Kreyszig

ISBN: 978-0470458365