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:00 Time Left:0:29:53 Jacob Abraham: Attempt 1 Question 1 (9 points) ABC Charity has received an average of $122 from each donor in the month

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:00 Time Left:0:29:53 Jacob Abraham: Attempt 1 Question 1 (9 points) ABC Charity has received an average of $122 from each donor in the month of December in the past. It is not sure if the amount has gone up or down due to the instability of the economy and job security. An economist would like to see if the amount of recent donation has gone down. A random sample of 100 donors from December 2018 was drawn and found out that the average was $110. From the past experience, it is known that the amount of donation has a right-skewed distribution with a standard deviation of $38. Use 1% level of significance to make an appropriate conclusion. [2+2+3+2 marks] a) Set up the null hypothesis and alternative hypothesis. [2+2 marks] b) Calculate the test statistic and find the p-value. [3 marks] c) Use 2% level of significance to make an appropriate conclusion

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