Failure to Meet Payments on Student Loans Has Been a Major

question 104

Multiple Choice

Failure to meet payments on student loans has been a major problem for both banks and the government.A random sample of 350 loans to students indicates that 147 are in default.The 99% confidence interval for the true proportion of loans in default is _____.

• A)[.35,.49]
• B)[.37,.47]
• C)[.33,.51]
• D)[.34,.50]
• E)[.36,.48]

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Definitions:

Needle Bore

The internal diameter of a needle, affecting the flow rate of injected or withdrawn fluids.

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A contagious viral infection best known for its distinctive red rash, also called German measles, which is especially dangerous for pregnant women and their developing babies.

German Measles

German Measles, also known as Rubella, is a contagious viral infection characterized by a distinctive red rash.

Contagious Viral Disease

An infectious disease caused by a virus that can be transmitted from person to person or animal to person.