The Department of Education would like to test the hypothesis that the average debt load of graduating students with a bachelor’s degree is equal to $17,000. A random sample of 34 students had an average debt load of $18,200. It is believed that the population standard deviation for student debt load is $4,200. The α is set to 0.05. The confidence interval for this hypothesis test would be __________.

MATLAB: An Introduction with Applications
6th Edition
ISBN:9781119256830
Author:Amos Gilat
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Chapter1: Starting With Matlab
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The Department of Education would like to test the hypothesis that the average debt load of graduating students with a bachelor’s degree is equal to $17,000. A random sample of 34 students had an average debt load of $18,200. It is believed that the population standard deviation for student debt load is $4,200. The α is set to 0.05. The confidence interval for this hypothesis test would be __________.

[$16,279.7, $17,720.3]
[$14,118.9, $19,881.2]
[$14,839.1, $19,160.9]
[$16,788.22, $19,611.78]
Transcribed Image Text:[$16,279.7, $17,720.3] [$14,118.9, $19,881.2] [$14,839.1, $19,160.9] [$16,788.22, $19,611.78]
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