JQuery slideToggle timeout

Question

I have simple html page:

Answer 1

Check http://jsfiddle.net/XRYLk/3/

I added mouseleave so in case the mouse was over it when first function fires up, it will set timer on mouseleave.

jQuery:

    $("button").click(function() {
        $("div").slideToggle("slow");
    });

setTimeout(hidepanel, 4000);

function hidepanel(){
    if($('div').is(':hover') === false){ $('div').slideToggle(); }
}

 $('div').mouseleave(function(){ setTimeout(hidepanel, 4000); });