Some business analysts estimate that the length of time people work at a job has a mean

Question:

Some business analysts estimate that the length of time people work at a job has a mean of 6.2 years and a standard deviation of 4.5 years.
a) Explain why you suspect this distribution may be skewed to the right.
b) Explain why you could estimate the probability that 100 people selected at random had worked for their employers an average of 10 years or more, but you could not estimate the probability that an individual had done so.
Fantastic news! We've Found the answer you've been seeking!

Step by Step Answer:

Related Book For  book-img-for-question

Stats Data And Models

ISBN: 662

4th Edition

Authors: Richard D. De Veaux, Paul D. Velleman, David E. Bock

Question Posted: