Assuming that workers' salaries in your company are uniformly distributed between $20,000 and $50,000 per year,...

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Assuming that workers' salaries in your company are uniformly distributed between $20,000 and $50,000 per year,...

Assuming that workers' salaries in your company are uniformly distributed between $20,000 and $50,000 per year, calculate the average salary in your company.

math Statistics-And-Probability

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Answer 1

Answer #1

here for uniform distribution: parameter a =20000 and b=50000 ; therefore

average salary in your company =(a+b)/2 =(20000+50000)/2 =35000

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Answer 2

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Assuming that workers' salaries in your company are uniformly distributed between $20,000 and $50,000 per year,...

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Add Answer to: Assuming that workers' salaries in your company are uniformly distributed between $20,000 and $50,000 per year,...

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Assuming that workers' salaries in your company are uniformly distributed between $20,000 and $50,000 per year,...