Question: Need ABC myopenmath.com The average student-loan debt is reported to be $25,235. A student believes that the student-loan debt is higher in her area. She
Need ABC

myopenmath.com The average student-loan debt is reported to be $25,235. A student believes that the student-loan debt is higher in her area. She takes a random sample of 100 college students in her area and determines the mean student-loan debt is $27, 524 and the standard deviation is $6,000. Is there sufficient evidence to support the student's claim at a 5% significance level? Preliminary: a. Is it safe to assume that n 30 ? No Yes V Test the claim: a. Determine the null and alternative hypotheses. Enter correct symbol and value. Ho: H = Ha: H ? V b. Determine the test statistic. Round to two decimals. t = c. Find the p-value. Round to 4 decimals. p-value =
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