Student Loan Debt: A national agency that underwrites student loan is examining the difference in student loan for undergraduates. Specifically, the agency want to address whether the mean of undergraduate debt of nonminority students is less than the mean undergraduate debt of minority students. Use the data to

a) Conduct this analysis by performing a hypothesis test. Assume unequal variance.

What are the null and alternative hypotheses?What is the t-statistic (t-value) for the test? The p-value? Using =0.01, what is your decision and conclusion?

b) For what value would your decision in a) change

c) How would the question be worded for an upper-tailed HT?

d) How would the question be worded for a Two-tailed HT?