A student graduated from a 4-year college

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A student graduated from a 4-year college with an outstanding loan of $9650 where the average debt is $8455 with a standard deviation of $1865. Another student graduated from a university with an outstanding loan of $12,360 where the average of the outstanding loans was $10,326 with a standard deviation of $2143. Which student had a higher debt in relationship to his or her peers?

 

Reference no: EM13909433

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