In a study about the average quarterly amount borrowed by a university's undergraduates, it was reported that they had a quarterly amount borrowed of $3173. This figure had increased 5% over the previous three years. Assume that a current study is being conducted to test the claim that the mean quarterly amount borrowed is lower than in the report. Assume a population standard deviation of $1,350. Suppose you look at a random sample of 168 of the university's undergraduates and find an average quarterly amount borrowed of $2,954.You wish to test the claim stated above at the 0.001 level. Run the appropriate hypothesis test.

Write ONLY theconclusionto your hypothesis test in the question text box. (don't have to show all four steps in box, just your conclusion for the test)

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