SOLUTION: 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

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Question 1203951: 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%.

Answer by ikleyn(52778) About Me  (Show Source):
You can put this solution on YOUR website!
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