A Company Employs 300 Employees

question 21

Multiple Choice

A company employs 300 employees. Each year, there is a 30 percent turnover rate for employees. We want to do a normal approximation to the binomial distribution of the number of employees who leave each year. For this normal approximation, the mean is ______ and the standard deviation is _____.

• A)90; 63
• B)90; 7.937
• C)90; 30
• D)90; 15