The Department of Education would like to test the hypothesis that the average debt load of graduating students with a bachelor's degree is equal to $17,000.A random sample of 34 students had an average debt load of $18,200.It is believed that the population standard deviation for student debt load is $4,200.The α is set to 0.05.The confidence interval for this hypothesis test would be __________________.
A) [$14,118.9,$19,881.2]
B) [$14,839.1,$19,160.9]
C) [$16,279.7,$17,720.3]
D) [$15,588.2,$18,411.8]

Question

Quizplus · Accepted Answer

The Answer of The Department of Education would like to test the hypothesis that the average debt load of graduating students with a bachelor's degree is equal to $17,000.A random sample of 34 students had an average debt load of $18,200.It is believed that the population standard deviation for student debt load is $4,200.The α is set to 0.05.The confidence interval for this hypothesis test would be __________________.
A) [$14,118.9,$19,881.2]
B) [$14,839.1,$19,160.9]
C) [$16,279.7,$17,720.3]
D) [$15,588.2,$18,411.8]

The Department of Education Would Like to Test the Hypothesis