Mathematics, 14.04.2020 21:31 helpplz5725
A survey of 1295 student loan borrowers found that 460 had loans totaling more than $20,000 for their undergraduate education. Give a 98% confidence interval for the proportion of all student loan borrowers who have loans of $20,000 or more for their undergraduate education. (Give answers accurate to 3 decimal places.)
Answers: 3
, and a confidence level of 
, we have the following confidence interval of proportions.
.
, z is the value of Z that has a pvalue of 
, so 
.
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A survey of 1295 student loan borrowers found that 460 had loans totaling more than $20,000 for thei...
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