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Exhibit 6-9
The average price of personal computers manufactured by MNM Company is $1,200 with a standard deviation of $220. Furthermore, it is known that the computer prices manufactured by MNM are normally distributed.
-Refer to Exhibit 6-9. If 513 of the MNM computers were priced at or below $647.80, how many computers were produced by MNM?
Fact-Finding
An investigative process used in disputes, particularly in labor relations, to gather all pertinent information before making a decision or recommendation.
NLRB
The National Labor Relations Board, a federal agency overseeing the enforcement of labor laws and workers' rights in the United States.
Disputing Parties
Individuals, groups, or organizations involved in a conflict or disagreement, seeking to resolve their differences through negotiation or legal action.
Mandatory Dispute Resolution
A process that requires parties in a dispute to participate in a structured attempt to resolve it, typically through methods such as arbitration or mediation, before pursuing traditional legal action.
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