College tuition: The mean annual tuition and fees for a sample of 23 private colleges in California was $38,500 with a standard deviation of $7700. A dotplot shows that it is reasonable to assume that the population is approximately normal. Can you conclude that the mean tuition and fees for private institutions in California is greater than $35,000? Use the a=0.05 level of significance and the P-value method with the TI-84 Plus calculator. Part 1 of 5 (a) State the appropriate null and alternate hypotheses. Ho: | u = 35,000 H₁: > 35,000 This hypothesis test is a right-tailed Part: 1 / 5 Part 2 of 5 test. (b) Compute the value of the test statistic. Round the answer to two decimal places. X

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find 1. T value 2. P value 3. Critical values 4. Reject or do not reject 5. State conclusion
College tuition: The mean annual tuition and fees for a sample of 23
private colleges in California was $38,500 with a standard deviation of $7700.
A dotplot shows that it is reasonable to assume that the population is
approximately normal. Can you conclude that the mean tuition and fees for
private institutions in California is greater than $35,000? Use the α=0.05 level
of significance and the P-value method with the TI-84 Plus calculator.
Part 1 of 5
(a) State the appropriate null and alternate hypotheses.
Ho: | u = 35,000
H₁:μ> 35,000
This hypothesis test is a right-tailed ▼ test.
Part: 1 / 5
Part 2 of 5
(b) Compute the value of the test statistic. Round the answer to two
decimal places.
t
X
Ś
Transcribed Image Text:College tuition: The mean annual tuition and fees for a sample of 23 private colleges in California was $38,500 with a standard deviation of $7700. A dotplot shows that it is reasonable to assume that the population is approximately normal. Can you conclude that the mean tuition and fees for private institutions in California is greater than $35,000? Use the α=0.05 level of significance and the P-value method with the TI-84 Plus calculator. Part 1 of 5 (a) State the appropriate null and alternate hypotheses. Ho: | u = 35,000 H₁:μ> 35,000 This hypothesis test is a right-tailed ▼ test. Part: 1 / 5 Part 2 of 5 (b) Compute the value of the test statistic. Round the answer to two decimal places. t X Ś
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