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The Department of Education would like to test the hypothesis that the average debt load of graduating students with a bachelor's degree is equal to
The Department of Education would like to test the hypothesis that the average debt load of graduating students with a bachelor's degree is equal to $16,700. A random sample of 27 students had an average debt load of $17,900. It is believed that the population standard deviation for student debt load is $4,020. The is set to 0.05. The p-value for this hypothesis test would be __________.
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0.047
0.121
0.157
0.060
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