4. According to a 2019 Federal Reserve report, 54% of U.S. young adults who went to college took on some debt for their education. Suppose we take a random sample of 400 U.S. young adults who went to college and took on some debt, a) Find the mean and standard of the sampling distribution of p (Round the mean to 2 decimal places and og to 4 decimal places). mean = Hp = standard deviation of the sample proportion, og = b) Determine the probability that more than 60% of the persons in the sample took on some debt. (show all work, round z score to 2 decimal places and probability to 4 decimal places)

4. According to a 2019 Federal Reserve report, 54% of U.S. young adults who went to college took on some debt for their education. Suppose we take a random sample of 400 U.S. young adults who went to college and took on some debt, a) Find the mean and standard of the sampling distribution of p (Round the mean to 2 decimal places and og to 4 decimal places). mean = Hp = standard deviation of the sample proportion, og = b) Determine the probability that more than 60% of the persons in the sample took on some debt. (show all work, round z score to 2 decimal places and probability to 4 decimal places)

Holt Mcdougal Larson Pre-algebra: Student Edition 2012

1st Edition

ISBN:9780547587776

Author:HOLT MCDOUGAL

Publisher:HOLT MCDOUGAL

Chapter11: Data Analysis And Probability

Section11.4: Collecting Data

Problem 7E

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