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Suppose that when it comes to student loan repayment, a 95% confidence interval is [8 years, 12 years]. This means that Question 10 options: We

Suppose that when it comes to student loan repayment, a 95% confidence interval is [8 years, 12 years]. This means that

Question 10 options:

We can be sure that the average time to repay is between 8 and 12 years

There is a 5% chance that average time to repay is less than 8 or more than 12

95% of students repay their loans within 12 years

5% of students repay their loans within 8 years

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