The average student loan debt for college graduates is $25,450. Suppose that that distribution is normal a that the standard deviation is $10,050. Let X = the student loan debt of a randomly selected college gradu Round all probabili ties to 4 decimal places and all dollar answers to the nearest dollar. %3D a. What is the distribution of X? X ~ N( b Find the probability that the college graduate has between $23,250 and $43,000 in student loan debt. c. The middle 30% of college graduates' loan debt lies between what twoiumbers? Low: $ High: $

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Estimation

A new framework of data analysis where the new statistical methods are used for interpreting the results and analyzing the data is known as estimation in statistics.