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gnment (i Saved Help Save The campus bookstore reported that students paid an average of $282 per semester for textbooks. To verify this statement, the

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gnment (i Saved Help Save The campus bookstore reported that students paid an average of $282 per semester for textbooks. To verify this statement, the student union decided to select a random sample of students and found the following amounts, in dollars, spent for textbooks: $322 $277 $280 $281 $326 $264 $328 $326 $309 $314 $315 $283 $303 At the 0.10 significance level, can we conclude that the average amount spent on textbooks per semester has increased? ok a. What is the decision rule? (Round the final answer to 3 decimal places.) int Reject Ho: HS 282 and accept /: u > 282 when the test statistic is |greater than v 1785 ences b. What is the value of the test statistic? (Round the final answer to 3 decimal places.) Value of the test statistic = 4.172 c. What is your decision regarding Ho? Reject Ho- There is enough evidence to conclude that the mean number rate of return is higher than 282. d. What is the p-value? (Round the final answer to 4 decimal places.) p-value Activate W Go to Settings raw here to search O 9 DELL

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