Suppose you are given the following information about students at Texas State: Mean monthly income: 1,000 US
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Question:
Suppose you are given the following information about students at Texas State: Mean monthly income: 1,000 US dollars Standard deviation: 220 dollars. A colleague from Mexico reports on students at TecMilenio University in Monterrey: Mean monthly income: 13,000 Mexican pesos Standard deviation: 2,500 pesos. Which group of students shows the greatest relative variation?
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