OpenStax, Introductory Business Statistics 2e §7.4 Finite Population Correction Factor · Exercise 3 · Statistics · Sampling distributions
Finite Population Correction Factor · Exercise 3
A company has 800 employees. The average number of workdays between absence for illness is 123 with a standard deviation of 14 days. Samples of 50 employees are examined. What is the probability a sample has a mean of workdays with no absence for illness of at least 124 days?
OpenStax, Introductory Business Statistics 2e · §7.4 Finite Population Correction Factor · Exercise 3
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