College and University Debt A student graduated from a 4-year college with an outstanding loan of $9650 where the average debt is $8455 with a standard deviation of $1865. Another student graduated from a university with an outstanding loan of $12,360 where the average of the outstanding loans was $10,326 with a standard deviation of $2143. Which student had a higher debt in relationship to his or her peers? 0.64; 0.95. The student from the university has a higher relative debt.

Lecture 8: Introduction to Inference and Understanding Sampling Distributions 9.1 Parameters, Statistics, and Statistical Inference - Some distinctions to keep in mind: ▯ Population versus Sample ▯ Parameter versus Statistic - Population: Parameter, population proportion, population mean - Sample: Sample...