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A study reports that recent college graduates from Connecticut face the highest average debt of $31,901 (forbes.com, September 18, 2019). A researcher from Pennsylvania wants
A study reports that recent college graduates from Connecticut face the highest average debt of $31,901 (forbes.com, September 18, 2019). A researcher from Pennsylvania wants to determine how recent undergraduates from that state fare. He collects data on debt from 40 recent undergraduates. Assume that the population standard deviation is $5,200. (You may find it useful to reference the ; table.) Epicture Click here for the Excel Data File a. Construct the 90% confidence interval for the mean debt of all undergraduates from Pennsylvania. (Do not round intermediate calculations. Round "2" value to 3 decimal places and final answers to 2 decimal places.) 6 Answer is complete but not entirely correct. Condence interval 24,091.91 0 to 26,848.69 0 In. Use the 90% confidence interval to determine if the debt of Pennsylvania undergraduates differs from that of Connecticut undergraduates. The debt of Connecticut undergraduates differs from that of New Hampshire undergraduates. o The debt of Connecticut undergraduates does not differ from that of New Hampshire undergraduates.
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