Suppose that this result is true for the current population of American college graduates. Let be the proportion in a random sample of1000 American college graduates who will say that their student loans make it harder for them to buy a home. Find the probability that the value of is:Within .02 of the population proportion.
According to a Pew Research Center nationwide telephone survey of American adults conducted by phone between March 15 and April 24, 2011, 25% of American college graduates said that their student loans make it harder for them to buy a home . Suppose that this result is true for the current population of American college […]