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Average income of employees

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A survey of small scale enterprises shows that the average income of employees is N480, 000 per annum with a standard deviation of N64, 000. Estimate the percentage of the enterprises that pay

(i) more than an average of N600, 000

(ii) Less than N300, 000 and (iii) between an average of N400, 000 and N500, 000

Reference no: EM131281466

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