Some Economists Argue That Discrimination Based on Race and Sex

question 268

Essay

Some economists argue that discrimination based on race and sex cannot lead to persistent wage differentials. What is their argument?

Understand and compute probabilities associated with normal distributions.

Calculate probabilities related to the means of sample distributions, considering both central tendency and variability.

Understand the concept of standard error and its calculation in different contexts, including with and without the finite population correction factor.

Apply the Central Limit Theorem in different scenarios to evaluate probabilities.