Employees at a large computer company earn sick leave in one-minute increments depending on how many hours per month they work. They can then use the sick leave time any time throughout the year

Any unused time goes into a sick bank account that they or other employees can use in the case of emergencies. The human resources department has determined that the amount of unused sick time for individual employees is uniformly distributed between 0 and 480 minutes. The company has decided to give a cash payment to any employee that returns over 400 minutes of sick leave at the end of the year. What percentage of employees could expect a cash payment?A) 16.67 percent
B) 0.1667 percent
C) Just over 43 percent
D) 80 percent


A

Business

You might also like to view...

____ is considered a soft skill.

A. Time-management B. Problem-solving C. Stress-management D. Organizational ability

Business

One implication of the bird-in-the-hand theory of dividends is that a given reduction in dividend yield must be offset by a more than proportionate increase in growth in order to keep a firm's required return constant, other things held constant.

Answer the following statement true (T) or false (F)

Business

Organizations use ________ to identify where their process expectations differ from SAP capabilities

A) gap analysis B) bottlenecks C) three-way match D) critical path method

Business

Extranet auction markets provide an Internet base for companies to place products up for bid or for buyers to put proposed purchases up for bid.

Answer the following statement true (T) or false (F)

Business