STAT 301-Use StatCrunch to approximate with 99% confidence

Use StatCrunch to approximate with 99% confidence, the average salary 10 years after entering college. Interpret this confidence interval in terms of the problem. One sample T confidence interval: ? : Mean of variable 99% confidence interval results:VariableSample MeanStd. Err.DFL. LimitU. LimitGRAD_DEBT_MDN10YR_SUPP261.567161.40224981383257.95021265.18411Interpret this confidence interval in terms of the problem.?Is this approximation more than enough so that one could put away 10% and pay back their loans in 10 years? Give your opinion using the evidence shown whether the news is giving an accurate portrayal of student loan debt based on the data that we have collected.?

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