5. Nationwide, the average total amount of student loan debt in 2012 is normally distributed with a μ = $29,400. Assume that a sample of 36 students is randomly selected from a public university. Their student loans have $\overline{X}$ = $27,400 and s = $9,000. Conduct a proper statistical procedure to test whether the average student loan in this public university is different from $29,400, using α = .10.

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Description: 5. Nationwide, the average total amount of student loan debt in 2012 is normally distributed with a μ = $29,400. Assume that a sample of 36 students is randomly selected from a public university. Their student loans have $\overline{X}$ = $27,400 a

Math

Statistics

5. Nationwide, the average total amount of student loan debt in 2012 is normally distributed with a u = $29,400. Assume that a sample of 36 students is randomly selected from a public university. Their student loans have X $27,400 and s $9.000. Conduct a proper statistical procedure to test whether the average studeine loạn in this public university is different from $29,400, using x = .10.

5. Nationwide, the average total amount of student loan debt in 2012 is normally distributed with a u = $29,400. Assume that a sample of 36 students is randomly selected from a public university. Their student loans have X $27,400 and s $9.000. Conduct a proper statistical procedure to test whether the average studeine loạn in this public university is different from $29,400, using x = .10.

MATLAB: An Introduction with Applications

6th Edition

ISBN:9781119256830

Author:Amos Gilat

Publisher:Amos Gilat

Chapter1: Starting With Matlab

Section: Chapter Questions

Problem 1P

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