Question

According to the National Postsecondary Student Aid Study conducted by the U.S. Department of Education in 2008, 62% of graduates from public universities had student loans. We randomly select 50 sample college graduates from public universities and determine the proportion in the sample with student loans.

Answer 1

Answer:

    $\frac{31}{50}$

Step-by-step explanation:

percentage of graduates with loan = 62%

total sample = 50

Number of student in the sample with student loan

  = (percentage of graduates with loan) x  (total sample)

  = 62% x 50

  = 31

Proportion of student in the sample with student loan = $\frac{31}{50}$