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1. The summary statistics for the variable income are as follows: Income Min $3,000 Q1 Median Mean $30,000 $48,000 $60,000 Q3 $70,000 Max Std.

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1. The summary statistics for the variable "income" are as follows: Income Min $3,000 Q1 Median Mean $30,000 $48,000 $60,000 Q3 $70,000 Max Std. Dev. $320,000 $11,000

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