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The average student loan debt is reportecIto be $25,235. A student belives that the student loan debt is higher in her area. She takes a

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The average student loan debt is reportecIto be $25,235. A student belives that the student loan debt is higher in her area. She takes a random sample of 100 college students in her area and determines the mean to be $27,524 and the standard devition to be $6000. Is there sufficient evidence to support the student' claim at a 5% significance level? a) Determine the null and alternative hypotheses. H0: 11. = {M'mw'\") Ha: p Select an answer a ll ~ (Put in the correct symbol and value) b) Determine the test statistic. Round to two decimals. t=:3 c) Find the p-value. Round to 4 decimals. d) Make a decision. Fail to reject the null hypothesis Reject the null hypothesis I e) Write the conclusion. ' ' There is not sufficient evidence to support the claim that student loan debt is higher than $25,235. There is sufficient evidence to support the claim that student loan debt is higher than $25,235. Submit

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