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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.

  1. ) What is the population of interest?
  2. What are the observational units?
  3. Identify the variable and state whether the variable is categorical or quantitative.
  4. Describe in words the parameter of interest and give its symbol.

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