According to a 2017 report, 64% of college graduate in Illinois had student loans. Suppose a random
Question:
According to a 2017 report, 64% of college graduate in Illinois had student loans. Suppose a random sample of 80 college graduates in Illinois is selected and 48 of them had student loans.
a. What is the observed frequency of college graduates in the sample who had student loans?
b. What is the observed proportion of college graduates in the sample who had student loans?
c. What is the expected number of college graduates in the sample to have student loans if 64% is the correct rate? Do not round off.
Fantastic news! We've Found the answer you've been seeking!
Step by Step Answer:
Related Book For
Introductory Statistics Exploring The World Through Data
ISBN: 9780135163146
3rd Edition
Authors: Robert Gould, Rebecca Wong, Colleen N. Ryan
Question Posted: