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2. The average Belize household spends $50 per day. Assume a sample of 25 households in Belmopan showed a sample mean daily expenditure of $44.50

2. The average Belize household spends $50 per day. Assume a sample of 25 households in Belmopan showed a sample mean daily expenditure of $44.50 with a Sample standard deviation of $8.10. Test H. : /=50 and H : / # 50, a =.05 a) Find the critical values (t-test) b) Compute the value of the test statistics. c) What is your conclusion

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