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A Population of Graduate Students at a Large University Was

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A population of graduate students at a large university was being studied through the use of a sample survey.The researcher was trying to estimate the mean debt carried by the students through student loans and the proportion of all students that carry a student loan.A stratified random sample of 350 students was selected from the various schools within the university.The sample results showed that 30% held a student loan and the mean debt was $18,450.Which of the following statements is TRUE?


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