Hypothesis Tests

Based on a recent study of college students, the average student loan debt amount is $4000. Is the mean student loan debt higher at StatCrunchU?

Include each of the following in your response.

State your hypotheses in symbolic form and in words.

Verify that normality conditions are met.Which test are you using? Why?

Give your P-value and interpret its meaning.

State a conclusion that answers the research question. Use a significance level of 5%.

The data attached to conduct the hypothesis test.

If you want me to conduct the test, I will do it, but please tell me the best test for this question is?

( I think one sample T hypothesis test is the correct one, BUT I AM NOT SURE )

Row Gender Class Hours Work Loans CC Debt var7 Female 15 1263 Female 11 20.5 4358 Female 15 1200 Male 15 0 3047 Male 14 19 2878 Male 12 0 1321 Male 18 2082 10 00 - Female 3227 Female O 5742 10 Male 1450 11 Female 1039 12 Female 3799 13 Female 1079 14 Male 4591 15 Male 6784 16 Female 17 Female 0 4202 18 Male 13 3779 19 Female 0 1209 20 Female 1102 21 Female 7170 22 Male 10 26.5 3139 23 Male 17 1128 24 Female 1267 25 Female 4 2384 26 Female 2898 27 Male 6840 28 Male 5284 29 Male 1804 30 Female 2873 31 Female 13 32 Female 0 33 Female 4656 34 Female 4 4459 35 Male 2612 36 Female 16 2222Row Gender Class Hours Work Loans CC Debt var 7 37 Male 17 O 1675 38 Male 15 1200 39 Male 15 40 Male 12 3577 41 Female 15 1038 42 Male 11 24.5 2609 43 Female 15 6664 44 Female 12 5573 45 Female 2186 46 Male + w 47 Female 5061 48 Female 4910 49 Female 10 18.5 3179 50 Male 5728 51 Female 1722 52 Male 19 0 0 1326 53 Male 12 0 0 54 Female 13 18 0 2271 55 Male 15 18 0 7745 56 Female 14 0 1855 1042 57 Female 12 22 2056 1189 58 Female 14 21.5 2110 948 59 Female 15 2310 1027 60 Female 16 18.5 2846 1395 61 Female 12 19.5 3144 1070 62 Female 12 19.5 3311 1124 63 Male 16 8 3416 1771 64 Male 16 13.5 3525 1594 65 Female 19 12 3547 1054 66 Female 15 0 3808 1213 67 Female 9 27 4007 1093 68 Male 16 0 4177 1745 69 Male 11 18 4241 1348 70 Female 15 0 4276 1215 71 Female 12 0 4975 1164 72 Female 14 18.5 5087 1194Row Gender Class Hours Work Loans CC Debt var 7 73 Female 17 0 6084 1757 74 Male 18 7.5 7593 2840 75 Male 15 0 7898 4294 76 Male 2 12 27 8041 2799 77 Female 2 6 29 8096 0 78 Male 18 18 8723 0 79 Female 16 0 8968 0 80 Male 11 27 10856 5019 81 Male 27.5 10997 2653 82 Male 14 0 11092 5134 83 Female 21.5 11424 6164 84 Female 14 11479 3779 85 Male 14 0 12021 9734 86 Female 11 25 12343 5548 87 Male 15 0 12406 12646 88 Female 10 22 12562 3557 89 Male 0 12580 3087 90 Female 15 18.5 12596 3596 91 Female 33 13051 6146 92 Female 17 13275 0 93 Female 4 21 13529 4161 94 Female 4 4 30.5 15330 2384 95 Female 4 12 15698 7210 96 Female 4 12 0 16089 4412 97 Male 4 16 13 16599 8862 98 Female 4 6 35 17315 3253 99 Male 4 9 28.5 17619 4310 100 Female 4 20 18148 3592