The average student loan debt for juniors for a recent year

Reference no: EM13637173

The average student loan debt for juniors for a recent year was $9540. Five years earlier the average student loan debt for juniors was $8880. Assume sample sizes of 34 were used and the population standard deviations of both samples were $1069. Is there evidence to conclude that the average student loan debt for juniors has increased? Use.

a. State the hypotheses.

b. Find the critical value.

c. Compute the test statistic.

d. Make the decision.

e. Summarize the results.

Reference no: EM13637173

Questions Cloud

Construct a 95 confidence interval for the population mean : construct a 95 confidence interval for the population mean u. assume the population has a normal distribution. a sample

What is the definition of the odds : what is the definition of the odds ratio?the total number of events in the population.the probability of an event

If the digits 0 2 4 6 represent wins and the digits 1 3 5 7 : if the digits 0 2 4 6 represent wins and the digits 1 3 5 7 represent lose then the random numbers 4657 1323 0236

You hear on the local news that for the city of kalamazoo : you hear on the local news that for the city of kalamazoo the proportion of people who support president obama is 0.53.

The average student loan debt for juniors for a recent year : the average student loan debt for juniors for a recent year was 9540. five years earlier the average student loan debt

Write out explicitly using bernoullis techniques the : write out explicitly using bernoullis techniques the formulas for the sums of the first n fourth fifth and tenth

Use the balanced redox reactions and the standard cell : suppose a hydrogen-oxygen fuel-cell generator was used to produce electricity for a house. use the balanced redox

The length of a rectangle is increasing at the rate of 5 : 1 a particle on the x-axis is moving to the right at 2 units per second. at a certain instant it is at the point 50.

If your anova hypothesis test shows no interaction between : if your anova hypothesis test shows no interaction between two factorsa you must re-run the anova in minitab without

User Account

All Pages