(Solution) Amounts 4597 13583 2686 8494 11970 10940 17053 7594 12222 13785 11292 11678 7388 2502 13730 15435 15741 8454 12952 19931 12092 10484 14228 15691 > Snapessays.com
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(Solution) Amounts 4597 13583 2686 8494 11970 10940 17053 7594 12222 13785 11292 11678 7388 2502 13730 15435 15741 8454 12952 19931 12092 10484 14228 15691


Bursaries are loans made to students who need the money to support themselves while attending universities and colleges. The loans are made by banks that are guaranteed repayment by the government. A government auditor wanted to know the status of the loans made to students at one university. He randomly sampled 188 of the 2,684 loans that are outstanding. The total amounts owing were recorded.

 

 

question: Estimate with 90% confidence the total outstanding amount of the loans made to students at the university. data are in file Xr12-103Amounts

 

4597

 

13583

 

2686

 

8494

 

11970

 

10940

 

17053

 

7594

 

12222

 

13785

 

11292

 

11678

 

7388

 

2502

 

13730

 

15435

 

15741

 

8454

 

12952

 

19931

 

12092

 

10484

 

14228

 

15691

 

13481

 

17683

 

14529

 

7621

 

11213

 

3889

 

9405

 

7255

 

12677

 

9370

 

8321

 

7955

 

10208

 

11230

 

10730

 

17321

 

5276

 

12097

 

15164

 

14327

 

9801

 

13396

 

11946

 

14512

 

15097

 

11226

 

11977

 

20948

 

19472

 

12055

 

20451

 

13337

 

14787

 

16984

 

11891

 

13246

 

14393

 

11493

 

13552

 

13347

 

13738

 

10641

 

11172

 

18623

 

11858

 

8786

 

10022

 

6970

 

11289

 

14425

 

11937

 

12495

 

15197

 

16799

 

12706

 

14727

 

21336

 

6675

 

17052

 

13106

 

16202

 

10982

 

12450

 

17363

 

16116

 

18703

 

13841

 

16970

 

6835

 

9204

 

10427

 

11573

 

3092

 

20123

 

12126

 

14774

 

17368

 

19922

 

12006

 

12608

 

12423

 

18711

 

19531

 

13328

 

8283

 

7506

 

9342

 

12266

 

5749

 

18038

 

17794

 

12898

 

7643

 

10130

 

14536

 

7895

 

11157

 

13702

 

13262

 

18963

 

17084

 

5466

 

12967

 

19940

 

13163

 

18379

 

11663

 

13303

 

17722

 

17523

 

12341

 

15518

 

20448

 

11187

 

15997

 

17352

 

11535

 

15083

 

8556

 

11905

 

14039

 

5278

 

16370

 

13887

 

8940

 

12402

 

9533

 

19453

 

10840

 

15470

 

11337

 

13984

 

14213

 

17833

 

11725

 

16326

 

19724

 

14793

 

17543

 

13233

 

19332

 

13793

 

13017

 

15719

 

8108

 

11105

 

11070

 

24445

 

7613

 

10526

 

15361

 

14397

 

10148

 

6788

 

10216

 

8156

 

14965

 

16263

 

11493

 

25294

 

4323

 

9873

 

10571

 

12477

 

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DATE ANSWERED

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