Expression 37: sigma equals 1 minus StartFraction, ln left parenthesis, StartNestedFraction, "b" NestedOver "b" plus "w" "h" Subscript, "f" "t" , Baseline , EndNestedFraction , right parenthesis Over ln StartNestedFraction, "l" Subscript, 0 , Baseline minus "h" Subscript, "f" "t" , Baseline NestedOver "l" Subscript, 0 , Baseline , EndNestedFraction plus ln left parenthesis, StartNestedFraction, "b" NestedOver "b" plus "w" "h" Subscript, "f" "t" , Baseline , EndNestedFraction , right parenthesis , EndFractionσ=1−lnbb+whftlnl0−hftl0+lnbb+whft
equals=
0.3 8 4 2 8 3 4 6 7 6 4 80.384283467648
37
Expression 38: "P" Subscript, "A" "b" "s" "e" "n" "c" "e" , Baseline equals normal distribution left parenthesis, alpha , 0.1 , right parenthesisPAbsence=normaldistα,0.1
meanstdev
38
Expression 39: lambda equals "P" Subscript, "A" "b" "s" "e" "n" "c" "e" , Baseline .cdf left parenthesis, sigma , right parenthesisλ=PAbsence.cdfσ
equals=
0.0 1 0 5 2 2 8 0 2 7 1 4 50.0105228027145
39
Sick Pay
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40
Expression 41: "y" equals "b" plus "s" "h" Subscript, "f" "t" , Baseline left brace, 0 less than or equal to "x" less than or equal to "l" Subscript, 0 , Baseline , right bracey=b+shft0≤x≤l0
41
`w_{sick}` left parenthesis, 0 , "b" plus "s" "h" Subscript, "f" "t" , Baseline , right parenthesis0,b+shft
Label:
equals=
left parenthesis, 0 , 0.2 1 3 7 6 , right parenthesis0,0.21376
42
Expression 43: "y" equals left brace, "x" less than or equal to "l" Subscript, 0 , Baseline : "b" plus "w" "h" Subscript, "f" "t" , Baseline plus left parenthesis, "w" minus "s" , right parenthesis left parenthesis, "l" Subscript, 0 , Baseline minus "h" Subscript, "f" "t" , Baseline minus "x" , right parenthesis , right brace left brace, "l" Subscript, 0 , Baseline minus "h" Subscript, "f" "t" , Baseline less than or equal to "x" , right bracey=x≤l0:b+whft+w−sl0−hft−xl0−hft≤x
43
Expression 44: sigma Subscript, 2 , Baseline equals 1 minus StartFraction, ln left parenthesis, StartNestedFraction, "b" plus "s" "h" Subscript, "f" "t" , Baseline NestedOver "b" plus "w" "h" Subscript, "f" "t" , Baseline , EndNestedFraction , right parenthesis Over ln StartNestedFraction, "l" Subscript, 0 , Baseline minus "h" Subscript, "f" "t" , Baseline NestedOver "l" Subscript, 0 , Baseline , EndNestedFraction plus ln left parenthesis, StartNestedFraction, "b" plus "s" "h" Subscript, "f" "t" , Baseline NestedOver "b" plus "w" "h" Subscript, "f" "t" , Baseline , EndNestedFraction , right parenthesis , EndFractionσ2=1−lnb+shftb+whftlnl0−hftl0+lnb+shftb+whft
equals=
0.5 6 5 1 5 4 9 0 2 9 8 40.565154902984
44
Expression 45: lambda Subscript, 2 , Baseline equals "P" Subscript, "A" "b" "s" "e" "n" "c" "e" , Baseline .cdf left parenthesis, sigma Subscript, 2 , Baseline , right parenthesisλ2=PAbsence.cdfσ2
