# Solved: College and University Debt A student graduated

## Problem 14 Chapter 3-3

Elementary Statistics: A Step by Step Approach 8th ed. | 8th Edition

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Elementary Statistics: A Step by Step Approach 8th ed. | 8th Edition

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Problem 14

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.

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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...

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##### ISBN: 9780073386102

Since the solution to 14 from 3-3 chapter was answered, more than 232 students have viewed the full step-by-step answer. This full solution covers the following key subjects: . This expansive textbook survival guide covers 67 chapters, and 1718 solutions. Elementary Statistics: A Step by Step Approach 8th ed. was written by and is associated to the ISBN: 9780073386102. The answer to “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.” is broken down into a number of easy to follow steps, and 81 words. The full step-by-step solution to problem: 14 from chapter: 3-3 was answered by , our top Statistics solution expert on 01/15/18, 03:26PM. This textbook survival guide was created for the textbook: Elementary Statistics: A Step by Step Approach 8th ed., edition: 8.

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