A survey of a random sample of 1280 student loan borrowers

Last updated: 2/7/2023

A survey of a random sample of 1280 student loan borrowers found that 218 had loans totaling more than 40 000 for their undergraduate education a Construct and interpret a 95 confidence interval for the true proportion of all student loan borrowers who have loans totaling more than 40 000 Make sure to follow the State Plan Do Conclude steps b Suppose you wanted to estimate the true proportion of all student loan borrowers who have loans totaling more than 40 000 with 95 confidence to within 1 Calculate the sample size you would need Use the sample proportion to estimate the population proportion