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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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