An Employee Has a Regular Hourly Rate Equal to $10

question 20

Multiple Choice

An employee has a regular hourly rate equal to $10 and works 45 hours within a period of 7 consecutive days.How much should the employer pay this employee for 45 hours in total?

• A)$425
• B)$450
• C)$475
• D)$500

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Definitions:

Population Mean

The average of all the values in a population, representing the central point of a data set.

Parameters

Quantitative characteristics that define or summarize features of a population in statistical analysis.

Numerical Characteristics

Quantitative attributes or measurements that describe and summarize data.

Sample

A selected subset of individuals or items from a larger population used to estimate characteristics of the whole population.