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Two normal distributions are compared. One has a mean of 10 and a standard deviation of 10. The second normal distribution has a mean of 10 and a standard deviation of 2. Which of the following is true?
Liberty Of Contract
A judicial concept of the late nineteenth and early twentieth centuries whereby the courts overturned laws regulating labor conditions as violations of the economic freedom of both employers and employees.
Socioeconomic Groups
Categories of people sharing similar levels of wealth, income, education, and occupational status, impacting their social and economic experiences.
Business Classes
Groups in society involved in the creation, management, and operation of businesses, often considered in terms of socioeconomic status, influence, and roles in the economy.
Bonanza Farms
Large farms that covered thousands of acres and employed hundreds of wage laborers in the West in the late nineteenth century.
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