Answer the following questions concerning the descriptive statistics listed belo

Question

Answer the following questions concerning the descriptive statistics listed below. These descriptive statistics were generated from a random sample of all USF students and contain information about the amount of time they exercise per week and the amount of student loan debt (in thousands of dollars) they expect upon graduating college Exercise Debt 200 200 Lo95% CI 6.6061 11.380 7.5000 14.385 Mean Up 95% Cl 8.4639 17.390 SD Minimum0.0000 0.0000 Maximum 47.000 100.00 What do you mean when you say you are 95% confident? 6.0000 19.307 0 In repeated sampling, 95% of the intervals created wil contain most of the student loan debt amounts. In repeated sampling, 95% of the intervals created will contain the sample mean. 0 In repeated sampling, 95% of the intervals created wil contain the population In repeated sampling, 95% of the population means will fall between $11.380 and $17.390. 20 s 3 4 2

Explanation / Answer

95% confidence interval means,

In repeated sampling, 95% of the intervals created will contain the population mean. (As it is a problem of classical paradigm)

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