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I would like to conduct a hypothesis test at the 95% significance level that people with master's degree spend more money on good, quality or

I would like to conduct a hypothesis test at the 95% significance level that people with master's degree spend more money on good, quality or healthy food as indicated with survey score of 3.

Education Rating Count surveyed
college/bachelor's degree 3.59 211
currently a primary school pupil 3.70 10
doctorate degree 3.40 5
master's degree 3.68 81
primary school 3.40 80
secondary school 3.55 621

1). Null hypothesis: People with a master's degree spend less money on good, quality, or healthy food as indicated with a survey score of 3. Alternative hypothesis: People with a master's degree spend more money on good, quality, or healthy food as indicated with a survey score of 3. Tail type: Right

Explanation:

2). Confidence level: 95% The null hypothesis is that people with a master's degree spend less money on good, quality, or healthy food as indicated with a survey score of 3. The alternative hypothesis is that people with a master's degree spend more money on good, quality, or healthy food as indicated with a survey score of 3. The confidence level is 95%. The T-Statistic is 3.68. The p-value is 0.000. The population represents all young people ages 15-30. 3). The null hypothesis is rejected. The p-value is 0.000. The population represents all young people ages 15-30.

PLEASE SHOW CALCULATIONS TO COME UP WITH Hypothesis using the T-Statistic.

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