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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 $17,000. A random sample of 29 students had an average debt load of $18,200. It is believed that the population standard deviation for student debt load is $3,900. The is set to 0.05. The confidence interval for this hypothesis test would be __________________.

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  • [$14,111.22, $19,888.88]
  • [$14,831.42, $19,168.58]
  • [$16,272.02, $17,727.98]
  • [$16,780.54, $19,619.46]

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