Fitting the lognormal distribution to censored labour wastage data

In this paper an estimation technique is developed on the basis of the well-known lognormal hypothesis for labour wastage to estimate the early leavers for each entry cohort. Early leavers are those leavers who joined and left the company during the twelve-month period and are not recorded at the census data taken at the end of this period. The results of applying the lognormal model on the extended data in predicting survivors for several companies are then shown to be improved.