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The Department of Education would like to test the hypothesis that the average debt load of graduating students with a bachelor's degree is equal to $18,300. A random sample of 42 students had an average debt load of $19,500. It is believed that the population standard deviation for student debt load is $3,800. The a is set to 0.05. The confidence interval for this hypothesis test would be Multiple Choice [$15,681.43, $20,918.67) [$16,401.63, $20,198.37) [$17,842.23, $18,757.77) [$18,350.75. $20.649.25]

The Department of Education would like to test the hypothesis that the average debt load of graduating students with a bachelor's degree is equal to $18,300. A random sample of 42 students had an average debt load of $19,500. It is believed that the population standard deviation for student debt load is $3,800. The a is set to 0.05. The confidence interval for this hypothesis test would be Multiple Choice [$15,681.43, $20,918.67) [$16,401.63, $20,198.37) [$17,842.23, $18,757.77) [$18,350.75. $20.649.25]

MATLAB: An Introduction with Applications
MATLAB: An Introduction with Applications
6th Edition
ISBN:9781119256830
Author:Amos Gilat
Publisher:Amos Gilat
Chapter1: Starting With Matlab
Section: Chapter Questions
Problem 1P
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The Department of Education would like to test the hypothesis that the average debt load of graduating students with a bachelor's degree is equal to $18,300. A random sample of 42 students had an average debt load of $19,500. It is believed that the population standard deviation for student debt load is $3,800. The a is set to 0.05. The confidence interval for this hypothesis test would be Multiple Choice [$15,681.43, $20,918.67) [$16,401.63. $20,198.37) [$17,842.23, $18.757.77] [$18,350.75, $20,649.25)
Transcribed Image Text:The Department of Education would like to test the hypothesis that the average debt load of graduating students with a bachelor's degree is equal to $18,300. A random sample of 42 students had an average debt load of $19,500. It is believed that the population standard deviation for student debt load is $3,800. The a is set to 0.05. The confidence interval for this hypothesis test would be Multiple Choice [$15,681.43, $20,918.67) [$16,401.63. $20,198.37) [$17,842.23, $18.757.77] [$18,350.75, $20,649.25)
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