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Question Help A random sample colleges was taken. The mean debt aner graduation

ID: 3229274 • Letter: Q

Question


Question Help A random sample colleges was taken. The mean debt aner graduation was $17893 wth a margin of error of$1436 The dstributon of debtis Normal complate parts and (b)below. a. Choose the confidence interval below and flu in the answer boxes to complete your choice. correct interpretation of the Use ascending order. A. We are 95% confident that the boundaries for the interval are s and sl l O O B. We are 95% confident that the population mean is between and O C. are 95% conndent that the sample is between s and s We mean b. Can we reject a population mean of $16,936 on the basis of these numbers? Explain. Click to select your answer.

Explanation / Answer

(a) Option B. We are 95% confident that the population mean is [$16457, $19329]

(b) Option B. No, do not reject $16936. Since $16936 is in the interval, it is plausible the population mean student debt is $16936.

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