The Department of Education would like to test the hypothesis that the average debt load of graduating students with a bachelor's degree is equal to $17,100. A random sample of 32 students had an average debt load of $18,300. It is believed that the population standard deviation for student debt load is $4,110. The a is set to 0.05. The p-value for this hypothesis test would be

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The Department of Education would like to test the hypothesis that the average debt load of graduating students with a bachelor's degree is equal to $17,100. A random sample of 32 students had an
average debt load of $18,300. It is believed that the population standard deviation for student debt load is $4,110. The a is set to 0.05. The p-value for this hypothesis test would be
Multiple Cholce
0135
0.099
0.049
0.025
Transcribed Image Text:The Department of Education would like to test the hypothesis that the average debt load of graduating students with a bachelor's degree is equal to $17,100. A random sample of 32 students had an average debt load of $18,300. It is believed that the population standard deviation for student debt load is $4,110. The a is set to 0.05. The p-value for this hypothesis test would be Multiple Cholce 0135 0.099 0.049 0.025
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