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If X has the probability distribution
Worker's Regular Hourly Wage
The standard rate of pay per hour for a worker before any overtime or bonuses are added.
Overtime Pay
Compensation for employees who have worked more than the standard work hours.
Fair Labor Standards Act
A U.S. law that sets minimum wage, overtime pay eligibility, recordkeeping, and child labor standards.
Regular Hourly Wage
Regular Hourly Wage is the fixed amount of money that an employee is paid for each hour worked, excluding overtime or bonuses.
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