In a local factory, 20 % of the assembly line workers make $5 per hour and 80

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In a local factory, 20 % of the assembly line workers make $5 per hour and 80 % earn $8 per hour. The union computes the mean hourly wage by randomly drawing five workers. Write the sampling distribution for the five workers’ average wage.

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Statistics For Business And Financial Economics

ISBN: 9781461458975

3rd Edition

Authors: Cheng Few Lee , John C Lee , Alice C Lee

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