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Gold miners in Alaska have found, on average, 12 ounces of gold per 1,000 tons of dirt excavated with a standard deviation of 3 ounces. Assume the amount of gold found per 1,000 tons of dirt is normally distributed. If the miners excavated 1,000 tons of dirt, how little gold must they have found such that they find that amount or less only 15% of the time?
Membership Association
An organization founded and funded by members who share a common interest or goal, offering various benefits to members such as resources, networking opportunities, and advocacy.
Collective Good
A collective good, also known as a public good, is something that benefits all members of a community or society and is not diminished by individual use.
National Defense
The policies and actions taken by a country to protect itself against external threats.
Iron Triangle
A term that describes the policy-making relationship among the congressional committees, the bureaucracy, and interest groups.
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