A researcher conducted a survey of graduating college students. 350 college stud

Question

A researcher conducted a survey of graduating college students. 350 college students were randomly selected to answer the survey. One of the survey questions asked, "How much do you owe in student loans?" The average student loan debt reported by respondents was $42, 576 with a standard deviation of $2, 801. $42, 576 is the point estimate for which of the following? A. The mean salary of all college students who graduate college. B. The proportion of all college students who graduate college in debt. C. The standard deviation of loan debt of all college students who graduate college. D. The mean loan debt of all college students who graduate college. Based on survey results, the mean amount of credit card debt for U.S. adults under 35 is $8, 724. This point estimate would be unbiased and most accurate if the survey were based on which of the following? A. A random sample of 1, 500 U.S. adults under 35 B. A random sample of 2, 800 U.S. adults under 35 C. A random sample of 3,000 U.S. college students D. A national television news station poll with 3, 500 responses

Explanation / Answer

Q2 A  single value given as an estimate of a parameter of a population

hence for the given qyestion answer is option D is correct

that is,

D) The mean loan debt of all college students who graduate college.

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