Select one answer Student federal loans: A Brookings Institution report, \"Are C

Question

Select one answer Student federal loans: A Brookings Institution report, "Are College 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 and set up a simulation to randomly sample 50 students from this population. For each sample, we calculate the proportion 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. 896, 1496, 2196, 1996, 23% C. 296, 13%, 15%, 30%, 33% D. o Any of the above because the samples are random.

Explanation / Answer

Answer: Option B

The sample means never equal the population mean as there is always a sampling error involved by chance.

Option C shows a high variation which maybe beyond the reason of chance.

Related Questions

Navigate

• Browse (All)
• Browse S
• Subjects

---

---

Integrity-first tutoring: explanations and feedback only — we do not complete graded work. Learn more.