According to a recent study, 21% of American college students graduate with no student loan debt. Suppose we obtain a random sample of 106
According to a recent study, 21% of American college students graduate with no student loan debt. Suppose we obtain a random sample of 106 American college students and record whether or not they have student loan debt. 1) What is the mean of the distribution of p? 2) What is the standard deviation of the distribution of ? 3) What is the probability that more than 11 of the students in the sample will have graduated with no student loan debt? (Round your answers to four decimal places when appropriate)
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Authors: Mark L. Berenson, David M. Levine, Timothy C. Krehbiel
12th Edition
132168383, 978-0132168380
