An important measure of the health of a nations economy is total debt. A Canadian survey asked
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An important measure of the health of a nation’s economy is total debt. A Canadian survey asked a random sample of households how much money (in $1,000s) they owed. This includes mortgages, loans, and credit card debt. Assuming that there are 10 million households in Canada, estimate with 95% confidence the total debt in Canada.
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