Question

In: Statistics and Probability

The National Student Loan Survey asked the student loan borrowers in their sample about attitudes toward...

The National Student Loan Survey asked the student loan borrowers in their sample about attitudes toward debt. Below are some of the questions they asked, with the percent who responded in a particular way. Assume that the sample size is 1300 for all these questions. Compute a 95% confidence interval for each of the questions, and write a short report about what student loan borrowers think about their debt. (Round your answers to three decimal places.)

(a) "To what extent do you feel burdened by your student loan payments?" 57.7% said they felt burdened.

(b) "If you could begin again, taking into account your current experience, what would you borrow?" 54.9% said they would borrow less.

(c) "Since leaving school, my education loans have not caused me more financial hardship than I had anticipated at the time I took out the loans." 32.3% disagreed.

(d) "Making loan payments is unpleasant but I know that the benefits of education loans are worth it." 58.4% agreed.

(e) "I am satisfied that the education I invested in with my student loan(s) was worth the investment for career opportunities." 59.9% agreed.

(f) "I am satisfied that the education I invested in with my student loan(s) was worth the investment for personal growth." 70.5% agreed. ,

Solutions

Expert Solution


Related Solutions

The National Student Loan Survey asked the student loan borrowers in their sample about attitudes toward...
The National Student Loan Survey asked the student loan borrowers in their sample about attitudes toward debt. Below are some of the questions they asked, with the percent who responded in a particular way. Assume that the sample size is 1264 for all these questions. Compute a 95% confidence interval for each of the questions, and write a short report about what student loan borrowers think about their debt. (Round your answers to three decimal places.) (a) "To what extent...
The National Student Loan Survey asked the student loan borrowers in their sample about attitudes toward...
The National Student Loan Survey asked the student loan borrowers in their sample about attitudes toward debt. Below are some of the questions they asked, with the percent who responded in a particular way. Assume that the sample size is 1278 for all these questions. Compute a 95% confidence interval for each of the questions, and write a short report about what student loan borrowers think about their debt. (Round your answers to three decimal places.) (a) "To what extent...
The National Student Loan Survey asked the student loan borrowers in their sample about attitudes toward...
The National Student Loan Survey asked the student loan borrowers in their sample about attitudes toward debt. Below are some of the questions they asked, with the percent who responded in a particular way. Assume that the sample size is 1253 for all these questions. Compute a 95% confidence interval for each of the questions, and write a short report about what student loan borrowers think about their debt. (Round your answers to three decimal places.) (a) "To what extent...
The National Student Loan Survey asked the student loan borrowers in their sample about attitudes toward...
The National Student Loan Survey asked the student loan borrowers in their sample about attitudes toward debt. Below are some of the questions they asked, with the percent who responded in a particular way. Assume that the sample size is 1260 for all these questions. Compute a 95% confidence interval for each of the questions, and write a short report about what student loan borrowers think about their debt. (Round your answers to three decimal places.) (a) "To what extent...
One of the questions on a survey asked adults a series of questions on attitudes toward...
One of the questions on a survey asked adults a series of questions on attitudes toward automation. The results showed that 2,973 out of 4,135 respondents are worried about a future in which robots and computers can do many human jobs; 2,774are worried about the development of algorithms that can evaluate and hire job candidates; and 2,236 are worried about the development of driverless vehicles. (Round your answers to four decimal places.) (a) Develop a point estimate of the proportion...
a survey was conducted on sky divers attitudes toward the practise example activities. They were asked...
a survey was conducted on sky divers attitudes toward the practise example activities. They were asked to state the extent to which they found the example activities helpful for their learning in sky diving on a 7 point scale (1 = strongly disagree; 4 = neutral; 7 = strongly agree). Gender and Lecture Attendance in sky diving were also recorded. A random sample of 60 students was selected Rating_catwas created to re-group the simulation ratings into three categories: Disagree (1,...
a survey was conducted on sky divers attitudes toward the practise example activities. They were asked...
a survey was conducted on sky divers attitudes toward the practise example activities. They were asked to state the extent to which they found the example activities helpful for their learning in sky diving on a 7 point scale (1 = strongly disagree; 4 = neutral; 7 = strongly agree). Gender and Lecture Attendance in sky diving were also recorded. A random sample of 60 students was selected Rating_catwas created to re-group the simulation ratings into three categories: Disagree (1,...
A. A survey of 1283 student loan borrowers found that 428 had loans totaling more than...
A. A survey of 1283 student loan borrowers found that 428 had loans totaling more than $20,000 for their undergraduate education. Give a 99% confidence interval for the proportion of all student loan borrowers who have loans of $20,000 or more for their undergraduate education B. In a study of the relationship between pet ownership and physical activity in older adults, 598 subjects reported that they owned a pet, while 1922 reported that they did not. Give a 99% confidence...
6.73 Attitudes toward school. The Survey of Study Habits and Attitudes (SSHA) is a psychological test...
6.73 Attitudes toward school. The Survey of Study Habits and Attitudes (SSHA) is a psychological test that measures the motivation, attitude toward school, and study habits of students. Scores range from 0 to 200. The mean score for U.S. college students is about 95, and the standard deviation is about 20. A teacher who suspects that older students have better attitudes toward school gives the SSHA to 25 students who are at least 30 years of age. Their mean score...
Suppose that a researcher is investigating attitudes toward the preservation of natural habitats, and the survey...
Suppose that a researcher is investigating attitudes toward the preservation of natural habitats, and the survey includes a battery of life style questions, many attitude questions on wildlife and habitat preservation, extensive demographics, plus many opinion questions on specific state parks, national parks, public lands, and recreational areas. The questionnaire takes 60 minutes to complete when self-administered, and 90 minutes to complete when administered by an interviewer. What are some obstacles the researcher might face in conducting this survey? Describe...
ADVERTISEMENT
ADVERTISEMENT
ADVERTISEMENT