Business Statistics Quiz
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A researcher studies the income of two towns. In Town A, a sample of 25 households has a mean income of $50,000 with a standard deviation of $15,000. In Town B, a sample of 100 households has a mean income of $60,000 with a standard deviation of $18,000. Based on these sample statistics, what is the most appropriate conclusion about the relative variability of incomes?
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