The distribution of income in some Third World countries isconsidered wedge shaped (many very poor people, very few middleincome people, and even fewer wealthy people). Suppose we pick acountry with a wedge shaped distribution. Let the average salary be$2,000 per year with a standard deviation of $8,000. We randomlysurvey 1,000 residents of that country.
What is the standard deviation you will use for this problemwhen looking at the average of the 1000 people? Round to a wholenumber.
The distribution of income in some Third World countries is considered wedge shaped (many very poor people, very few mid
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