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February 6 2023 at 4 59 PM A survey of a random sample of 1280 student loan borrowers found that 218 had loans totaling more than 40 000 for their undergraduate education a Construct and interpret a 95 confidence interval for the true proportion of all student loan borrowers who have loans totaling more than 40 000 Make sure to follow the State Plan Do Conclude steps b Suppose you wanted to estimate the true proportion of all student loan borrowers who have loans totaling more than 40 000 with 95 confidence to within 1 Calculate the sample size you would need Use the sample proportion to estimate the population proportion
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