A national publication reported that a university student living away from home spends, on average, no more than $15 per month on laundry. You believe this figure is too low and want to disprove this claim. To conduct the test, you randomly select 16 university students and ask them to keep track of the amount of money they spend during a given month for laundry. The sample produces an average expenditure on laundry of $19.33, with a population standard deviation of $4.53. Use these sample data to conduct the hypothesis test. Assume you are willing to take a 10% risk of making a Type I error and that spending on laundry per month is normally distributed in the population.

The value of the test statistic is:

Is the null hypothesis rejected?

*(Round your answers to 2 decimal places, e.g. 8.75.)