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A random sample of 153 bachelor's degree recipients from private, for-profit colleges is taken. The average student loan debt for these students is $40,000. )
A random sample of 153 bachelor's degree recipients from private, for-profit colleges is taken. The average student loan debt for these students is $40,000.
- ) What is the population of interest?
- What are the observational units?
- Identify the variable and state whether the variable is categorical or quantitative.
- Describe in words the parameter of interest and give its symbol.
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