A study reports that recent college graduates from New Hampshire face the highest average debt of $31,048
Question:
A portion of the data is shown below; the complete data set, labeled CT_Undergrad_Debt, can be found on the text website. Assume that the population standard deviation is $5,000.
Debt
87
86
:
86
a. Use Excel to construct the 95% confidence interval for the mean debt of all undergraduates from Connecticut.
b. Use the 95% confidence interval to determine if the debt of Connecticut undergraduates differs from that of New Hampshire undergraduates.
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n40 5000 a x 254706 Excel command AVERAGE A2A41 At 95 ...View the full answer
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