Question: The average expenditure per student (based on average daily attendance) for a certain school year was $10,337 with a population standard deviation of $1560. A

The average expenditure per student (based on average daily attendance) for a certain school year was $10,337 with a population standard deviation of $1560. A survey for the next school year of 150 randomly selected students resulted in a sample mean of $10,798. Do these results indicate that the average expenditure has changed? Choose your own level of significance.

Perform each of the following steps.

a. State the hypotheses and identify the claim.

b. Find the critical value(s).

c. Compute the test value.

d. Make the decision.

e. Summarize the results.

Use diagrams to show the critical region (or regions), and use the traditional method of hypothesis testing unless otherwise specified.

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