Question 5 transcript 2 pts Retirement savings. Research indicates that many Americans do not save enough for retirement, on average. A group of economists at the Federal Reserve Bank of St. Louis are interested in conducting a study to examine whether Americans between the ages of 55 and 65 have saved too little. The analysts obtain a random sample of Americans in this age group and proceed to test if there is evidence of insufficient savings from these data. The variable considered is the total amount of savings for each individual, reported in thousands of US dollars (i.e. if value 3 appears in the data set, it stands for $3,000.) For this question, assume that financial specialists suggest that the minimum level of retirement savings should be 1.5 million US dollars. Use the JMP output provided below to report the value of the test statistic used to gather evidence against the null hypothesis. Report your answer as a number (no symbols) and round to two decimal places. Test Mean Hypothesized Value 1500 Actual Estimate 1613.07 DF Std Dev t Test Prob > It 0.0226* 251 782.626