The article “Credit Card Activity for College Students“ ( wallethub.com/edu/credit-card-statistics-for-college-students/25535/, Retrieved February 13, 2018)estimated that in 2013, 62% of undergraduates with credit cards pay them off each month and that the average outstanding balance on undergraduates’ credit cards is $650. These estimates were based on an online survey of 800 college students. What additional information would you want in order to decide if it is reasonable to generalize the reported estimates to the population of all undergraduate students?

The article “Credit Card Activity for College Students“ ( wallethub.com/edu/credit-card-statistics-for-college-students/25535/, Retrieved February 13, 2018)estimated that in 2013, 62% of undergraduates with credit cards pay them off each month and that the average outstanding balance on undergraduates’ credit cards is $650. These estimates were based on an online survey of 800 college students. What additional information would you want in order to decide if it is reasonable to generalize the reported estimates to the population of all undergraduate students?

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Description: The article “Credit Card Activity for College Students“ ( wallethub.com/edu/credit-card-statistics-for-college-students/25535/, Retrieved February 13, 2018)estimated that in 2013, 62% of undergraduates with credit cards pay them off each month and th

Glencoe Algebra 1, Student Edition, 9780079039897, 0079039898, 2018

18th Edition

ISBN:9780079039897

Author:Carter

Publisher:Carter

Chapter10: Statistics

Section10.2: Representing Data

Problem 22PFA

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