Essay
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Every year since the 1957-58 academic year, the National Science Foundation (NSF) conducts its Survey of Earned Doctorates (SED) of all individuals receiving research doctoral degrees from accredited U.S. institutions. The results from the 2010 survey published on the NSF website indicate that 78.2% of individuals earning their doctorate in the physical sciences have no graduate debt while 48.3% of those earning their doctorate in the social sciences have no graduate debt. Of the 48,069 research doctorates granted in 2010, 93% completed the SED, thus the information collected by the NSF can be good approximations of the population parameters.
-Suppose we take random samples of 100 individuals who earned a doctorate in the physical sciences (in 2010) and 100 individuals who earned a doctorate in the social sciences (in 2010). Find the mean and standard error (using four decimal places) of the distribution of differences in sample proportions
and indicate if the sample sizes are large enough to use the Central Limit Theorem.
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