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reux Short stay × Tailor Bran ×Power Poi × ( w Take Test: x te Search Tex × Math

ID: 3147795 • Letter: R

Question

reux Short stay × Tailor Bran ×Power Poi × ( w Take Test: x te Search Tex × Math 160 Dec assessment2/activity/attempt/view.do?attempt-1&context-e88779b00a0001dc2258461b592895e9; ·! ne random selecnon orsampies Question7 Student federal loans: A Brookings Institution report,"Are Collegeelet onr saner. Students Borrowing Blindly?", suggests that undergraduate students may be o points confused about their debt. For example, among all first-year undergraduate students with federal loans, 14 percent said they didn't have any student debt at all. Let's assume this is true for the population of undergraduate students who have federal loans anid set up a simulation of students We repeat this process to obtain a total of five random samples. Which sequence is most likely for the percent of students in each sample who report they don't have any student debt at all? Akers, B., and Chingos, M. M. (2014). Are College Students Borrowing Blindly? http://www.brookings.edu/research/reports/2014/12/10-borrowing-blindly-akers-chingos A. 14%, 14%, 14%, 14%, 14% B. 8%, 14%, 21%, 19%, 23% C. 2%, 13%, 15%, 30%, 33% D. Any of the above because the samples are random. Submit and Pinish MacBook Air

Explanation / Answer

Option A is correct.

As we select 5 samples randomly from population that have 14 percent students don't have any loan.

So in all five samples there is most likely that 14 percent students don't have any loan debt.