Student federal loans: A Brookings Institution report, “Are College Students Borrowing Blindly?”, suggests that undergraduate st
udents may be confused about their debt. For example, among all first-year undergraduate students with federal loans, 14 percent said they didn’t have any student debt at all. Let’s assume this is true for the population of undergraduate students who have federal loans and set up a simulation to randomly sample 50 students from this population. For each sample, we calculate the proportion of students We repeat this process to obtain a total of five random samples. (Akers, B., and Chingos, M. M. (2014). Are College Students Borrowing Blindly?) Which sequence is most likely for the percent of students in each sample who report they don’t have any student debt at all? Group of answer choices 14%, 14%, 14%, 14%, 14% 2%, 13%, 15%, 30%, 33% 8%, 14%, 21%, 19%, 23% Any of the above because the samples are random
