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One year, the distribution of salaries for professional sports players had mean $1.8 million and standard deviation $0.6 million. Suppose a sample of 400 major league players was taken. Find the approximate probability that the average salary of the 400 players that year exceeded $1.1 million.
Unions
Organizations formed by workers to represent their interests, typically in negotiations with employers over wages, benefits, and working conditions.
Management
The act of coordinating the efforts of people to accomplish desired goals and objectives using available resources efficiently and effectively.
Level of Success
A measure or assessment of the extent to which an individual, group, or organization has achieved its goals or objectives.
Strike
A collective work stoppage initiated by employees to express grievances or demand higher pay, better working conditions, or other changes.
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