Question: ACCT 2001: Chapter 8 A study reports that recent college graduates from Connecticut face the highest average debt of $31,434 (forbes.com, September 18 , 2019).
A study reports that recent college graduates from Connecticut face the highest average debt of $31,434 (forbes.com, September 18 , 2019). A researcher from Pennsylvania wants to determine how recent undergraduates from that state fare. He collects data on debt from 40 recent undergraduates. Assume that the population standard deviation is $5,000. (You may find it useful to reference the z table.) Bnicture Click here for the Excel Data File a. Construct the 90% confidence interval for the mean debt of all undergraduates from Pennsylvania. (Do not round intermediate calculations. Round " z " value to 3 decimal places and final answers to 2 decimal places.)
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