Examlex
According to the text, it is generally agreed that in the United States since World War II, the distribution of income has:
Normally Distributed
A symmetrically shaped probability distribution around the mean, indicating a greater frequency of occurrences for data points close to the mean versus those that are remote.
Average Starting Salary
The mean initial compensation received by employees in their new positions across a specific sector or within a company.
Standard Deviation
is a measure of the amount of variability or spread in a set of data.
Normally Distributed
This describes a probability distribution that is symmetric about the mean, showing that data near the mean are more frequent in occurrence than data far from the mean.
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