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NARRBEGIN: Graduate Internships
Graduate Internships
The chairman of the Biology department in a certain college believes that 70% of the department's graduate internships are given to international students. A random sample of 50 graduate interns is taken.NARREND
-{Graduate Internships Narrative} What is the probability that the sample proportion is within .05 of the population proportion p?
Strikes
A work stoppage caused by the mass refusal of employees to work, typically to enforce demands upon their employer.
Wagner Act
A foundational piece of US labor law established in 1935 that guaranteed workers the right to form unions and engage in collective bargaining.
Supply of Labor
Refers to the total hours that workers wish to work at a given real wage rate, across the entire economy.
Demand for Labor
The total amount of workers that employers are willing and able to hire at a given wage rate in a certain period.
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