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Salaries of Office Workers the Following Data Represent the Salaries

question 15

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Salaries of Office Workers The following data represent the salaries (in thousands of dollars)of a sample of 13 office workers of a firm: 26.5, 23.5, 29.7, 24.8, 21.1, 24.3, 20.4, 22.7, 27.2, 23.7, 24.1, 24.8, and 28.2. {Salaries of Office Workers Narrative} Compute the variance, and standard deviation of the salaries, and express the numbers in the appropriate units.

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Definitions:

Decertification Election

A process by which employees can vote to remove the representation of a labor union.

National Labor Relations Board

An independent federal agency in the United States that enforces labor laws in relation to collective bargaining and unfair labor practices.

Lockout

An employer's exclusion of workers from a workplace until they meet certain conditions.

Bargaining Structure

The framework within which labor negotiations and collective bargaining between employers and employees or their representatives take place.

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