While you were running latency tests and analyzing other processes, En-range Networks conducted a study that was designed to find out what price customers would pay for high-speed internet. En-Range asked a random sample of 17 potential customers what price that they would pay for En-range services. The responses were:

Potential Customer 1 2 3 4 5 6 7 8 9 10 11 12 13 14 15 16 17

Highest Price Willing to Pay (yen) 7900 11300 13500 6500 5920 6200 6800 1150 8500 7900 8250 5970 20000 7550 6900 10000 1250

En-range thinks that their average customer would be be willing to pay 8000 Yen. They ask you to run another statistical test to see if this is true. You decide to conduct another t-test. You want to see if the mean of this data is not 8000. Use . alfa =0.05