Determine confidence interval for true mean


The National Student Loan Survey gathers data to analyze questions related to the amount of money that borrowers owe. The survey chosen a sample of 1280 borrowers who began repayment on their loans between four and six months prior to the survey. The mean debt for undergraduate study was $18,900 and standard deviation was about $49,000. Develop a 95% confidence interval for true mean debt for student borrowers.

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Basic Statistics: Determine confidence interval for true mean
Reference No:- TGS020838

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