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Two competitive brothers, who work in two different industries, were comparing their salaries. Because there is a difference of 4 years in their respective work experience, they decided to compare, not their actual salaries, but to compare their salaries against their company averages to see who is doing better. The following gives the brothers salaries, companies mean, and standard deviation for each company. Which brother earns a higher salary compared to the rest of their colleagues?
Insurance
A financial product that provides protection against financial losses, ensuring compensation for specified loss, damage, illness, or death in return for payment of a premium.
Accounts Payable
Liabilities of a company or organization due to purchases of goods and services to be paid to creditors or suppliers.
Adjustments
Adjustments are changes or modifications made to improve or correct something, often used in contexts ranging from accounting to spinal manipulation.
HIPAA Violations
Breaches of the Health Insurance Portability and Accountability Act that compromise the privacy and security of protected health information.
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