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A company wants to investigate if the average rating of consumers for a particular product is greater than 4.5 (on a scale of 1 to
A company wants to investigate if the average rating of consumers for a particular product is greater than 4.5 (on a scale of 1 to 10). They collect a random sample of 35 consumers and ask them to rate the product. The average rating for this sample of size 35 is equal to 5.2 (on a scale of 1 to 10) and the sample has a standard deviation of 2.3. What is the value of the test statistic (t-statistic) associated with this test?
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