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The Department of Education would like to test the hypothesis that the average debt load of graduating students with a bachelor's degree is equal to
The Department of Education would like to test the hypothesis that the average debt load of graduating students with a bachelor's degree is equal to $18,000. A random sample of 41 students had an average debt load of $19,200. It is believed that the population standard deviation for student debt load is $4,100. The is set to 0.05. The confidence interval for this hypothesis test would be __________.
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- [$17,944.99, $20,455.01]
- [$15,275.67, $20,724.43]
- [$17,436.47, $18,563.53]
- [$15,995.87, $20,004.13]
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