Please help to answer this question.

Based on a recent study of college students, the average student loan debt amount is $4000. Is the mean student loan debt higher at StatCrunchU? Please include each of the following.

• State your hypotheses in symbolic form and in words.
• Verify that normality conditions are met. Which test are you using? Why?
• Give the P-value and interpret its meaning.
• State a conclusion that answers the research question. Use a significance level of 5%.

Use the data to support your answer.

Also, check the attached one sample T hypothesis test and see if I conducted the right test for the question above

Row Class Hours Work Loans CC Debt var 7 15 0 1263 11 20.5 0 4358 17 0 6084 1757 15 0 1200 14 18.5 5087 1194 12 0 4975 1164 0 0 3227 18 0 0 6742 27 4007 1093 12 1039 25 12343 5548 0 3799 16089 4412 0 1079 19.5 3311 1124 16 0 0 13275 18 0 4202 0 11479 3779 20 0 0 1209 0 0 1102 22 0 0 7170 23 12 19.5 3144 1070 24 4 30.5 15330 2384 9 21.5 11424 6164 26 10 22 12562 3557 18 0 0 1267 HAD NEWHWWARWE 0 0 2384 29 15 18.5 12596 3596 30 21.5 2110 948 31 16 0 2898 32 12 0 15698 7210 33 35 17315 3253 34 14 1855 1042 35 0 2873 36 13 O 37Row Class Hours Work Loans CC Debt var 7 37 20 0 0 38 18 O 0 4656 39 4 21 13529 4161 40 4 18 0 4459 41 15 0 4276 1215 42 16 18.5 2846 1395 43 16 0 0 2222 44 15 0 1038 45 19 12 3547 1054 46 0 6664 47 22 2056 1189 48 0 0 5573 49 0 0 2186 50 8968 51 33 13051 6146 52 29 8096 53 0 0 6061 54 3808 1213 55 4910 56 0 2310 1027 57 18.5 0 3179 58 15 0 1722 59 13 18 0 2271 60 20 18148 3592 61 28.5 17619 4310 62 15 0 0 3047 63 14 19 0 2878 64 0 0 1321 65 0 2082 66 11092 5134 WA W WW WW - N + +- 67 0 1450 68 12580 3087 69 0 4591 70 12406 12646 71 15 0 6784 72 17 13 0 3779Row Class Hours Work Loans CC Debt var 71 4 15 0 6784 72 17 13 0 3779 73 4 16 13 16599 8862 74 16 4177 1745 75 16 13.5 3525 1594 76 8 27.5 10997 2653 77 10 26.5 3139 78 18 7.5 7593 2840 79 7898 4294 80 19 0 1128 81 12021 9734 82 0 6840 83 27 8041 2799 84 0 5284 85 0 0 1804 86 18 3723 87 27 10856 5019 88 2612 89 1675 90 1200 OOOOO 91 92 3577 93 2609 94 95 18 4241 1348 96 8 3416 1771 97 0 5728 98 0 1326 99 0 100 18 7745One sample T hypothesis test: u : Mean of variable Ho : u = 4000 HA :U > 4000 Hypothesis test results: Variable Sample Mean Std. Err. DF T-Stat P-value Loans 4011.03 558.45057 99 0.019751077 0.4921