Business, 16.04.2020 18:04 nathang444
An estimated 1.8 million students take on student loans to pay ever-rising tuition and room and board (The New York Times, April 17, 2009). It is also known that the average cumulative debt of recent college graduates is about $21,900. Let the cumulative debt among recent college graduates be normally distributed with a standard deviation of $7,000. Approximately how many recent college graduates have accumulated a student loan of more than $30,000?
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An estimated 1.8 million students take on student loans to pay ever-rising tuition and room and boar...
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Mathematics, 14.04.2020 22:20
