The number of vacation days taken by the employees of a company is normally distributed with a
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Question:
The number of vacation days taken by the employees of a company is normally distributed with a mean of 14 days and a standard deviation of 3 days. Is this a case of sample standard deviation or population standard deviation? What are some differences between sample standard deviation and population standard deviation?
For the next employee, what is the probability that the number of days of vacation taken is less than 10 days? What is the probability that the number of days of vacation taken is more than 21 days? Discuss the solutions and an explanation.
Related Book For
Statistics for Business and Economics
ISBN: 978-0132930192
8th edition
Authors: Paul Newbold, William Carlson, Betty Thorne
Posted Date: