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 =
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
6th Edition
ISBN:9781119256830
Author:Amos Gilat
Publisher:Amos Gilat
Chapter1: Starting With Matlab
Section: Chapter Questions
Problem 1P
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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:
- 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 =
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