The personnel manager for a large company is interested in the distribution of sick-leave hours for employees

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The personnel manager for a large company is interested in the distribution of sick-leave hours for employees of her company. A recent study revealed the distribution to be approximately normal, with a mean of 58 hours per year and a standard deviation of 14 hours.
An office manager in one division has reason to believe that during the past year, two of his employees have taken excessive sick leave relative to everyone else. The first employee used 74 hours of sick leave, and the second used 90 hours. What would you conclude about the office manager’s claim and why?
Distribution
The word "distribution" has several meanings in the financial world, most of them pertaining to the payment of assets from a fund, account, or individual security to an investor or beneficiary. Retirement account distributions are among the most...
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Business Statistics A Decision Making Approach

ISBN: 9780133021844

9th Edition

Authors: David F. Groebner, Patrick W. Shannon, Phillip C. Fry

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