A student graduated from a 4-year college with an outstanding loan of $9650 where the average debt is $8455 with a standard deviation

Question

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?

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Verity 5 years 2021-08-06T12:24:01+00:00 1 Answers 33 views 0

Answers ( )

  1. mocmien2
    0
    2021-08-06T12:25:33+00:00
    Reply

    Answer:

    University student has more debt

    Step-by-step explanation:

    9650-8455/1865 =0.64  College student  

    12360-10326/2143 =0.95 University student

    Hopefully this helps

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