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? Test the claim: Determine the null and alternative hypotheses. Enter correct symbol and value.�0: �=��: �      Determine the test statistic. Round to two decimals.�= Find the �-value. Round to 4 decimals.�-value =

MATLAB: An Introduction with Applications
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ISBN:9781119256830
Author:Amos Gilat
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Chapter1: Starting With Matlab
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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?

Test the claim:

  1. Determine the null and alternative hypotheses. Enter correct symbol and value.

    �0: �=
    ��: �     

  2. Determine the test statistic. Round to two decimals.
    �=

  3. Find the �-value. Round to 4 decimals.
    �-value = 
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