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3. Open the Undergrad Debt data in the Excel le. Nationally, on average, a college student last year graduated with $27,200 in debt with a

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3. Open the Undergrad Debt data in the Excel le. Nationally, on average, a college student last year graduated with $27,200 in debt with a historical standard deviation of $5,000. The le gives sample date from Arkansas. Does Arkansas students have higher debt than the national average at alpha equal to .10? a. Write the hypothesis. b. Using Excel, what is the p-value? Also, specify the Excel function. c. Based on the p-value, what is the conclusion

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