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Suppose that Suppose that   =.5,   = .2,n<sub>1</sub> = 20,and n<sub>2</sub> = 30.What is the pooled estimate of p<sub>1</sub><sub> </sub>and p<sub>2</sub>? A) 11/50 B) .7 C) .7/50 D) None of the above =.5, Suppose that   =.5,   = .2,n<sub>1</sub> = 20,and n<sub>2</sub> = 30.What is the pooled estimate of p<sub>1</sub><sub> </sub>and p<sub>2</sub>? A) 11/50 B) .7 C) .7/50 D) None of the above = .2,n1 = 20,and n2 = 30.What is the pooled estimate of p1 and p2?

Explain the role of discrimination, education, and training on income distribution.
Understand the economic arguments surrounding income equality and its implications.
Recognize factors contributing to growing income inequality in the United States since the 1980s.
Differentiate between the concepts of income and wealth and their distribution.

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