5. Nationwide, the average total amount of student loan debt in 2012 is normally distributed with a u = $29,400. Assume that a sample of 36 students is randomly selected from a public university. Their student loans have X $27,400 and s $9.000. Conduct a proper statistical procedure to test whether the average studeine loạn in this public university is different from $29,400, using x = .10.

College Algebra (MindTap Course List)
12th Edition
ISBN:9781305652231
Author:R. David Gustafson, Jeff Hughes
Publisher:R. David Gustafson, Jeff Hughes
Chapter8: Sequences, Series, And Probability
Section8.7: Probability
Problem 6E: List the sample space of each experiment. Tossing three coins
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5. Nationwide, the average total amount of student loan debt in 2012 is normally
loan in this public university is different from $29,400, using a = .10.
$9,000. Conduct a proper statistical procedure to test whether the average student
selected from a public university. Their student loans have X = $27,400 and s:
distributed with a u = $29,400. Assume that a sample of 36 students is randomly
selected from a public university. Their student Joans have X= $27,400 and s-
$9,000. Conduct a proper statistical procedure to test whether the average student
Transcribed Image Text:5. Nationwide, the average total amount of student loan debt in 2012 is normally loan in this public university is different from $29,400, using a = .10. $9,000. Conduct a proper statistical procedure to test whether the average student selected from a public university. Their student loans have X = $27,400 and s: distributed with a u = $29,400. Assume that a sample of 36 students is randomly selected from a public university. Their student Joans have X= $27,400 and s- $9,000. Conduct a proper statistical procedure to test whether the average student
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