Based on a recent study of college students, the average student loan debt amount is $4000. Is the mean student loan debt higher at StatCrunchU? Include each of the following in your response (see concepts in Units 7 & 8 – Modules 17-23).
* State your hypotheses in symbolic form and in words.
* Verify that normality conditions are met. Which hypothesis test are you using? Why?
* Use StatCrunch to conduct the hypothesis test. Copy and paste the results (the StatCrunch output window) into your response.
* Give your P-value and interpret its meaning.
* Is the mean student loan debt higher at StatCrunchU? State a conclusion that answers the research question. Use a significance level of 5%.
please use the attached PDF file to get the data to conduct the hypothesis test
our instructor says that
Is the data categorical, like we saw in Module 19? If so, use Z.
Is the data quantitative like we saw in Module 22? If so, use T
Are we comparing two groups? Use T.
Are we comparing more than two groups? Use ANOVA in Modules 24)
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