The Department of Education Would Like to Test the Hypothesis

question 29

Multiple Choice

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 $17,000. A random sample of 34 students had an average debt load of $18,200. It is believed that the population standard deviation for student debt load is $4,200. The Department of Education would like to set α = 0.05. The p-value for this hypothesis test would be
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• A)0.0950
• B)0.0219
• C)0.0475
• D)0.1310

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Definitions:

Memory Tasks

Activities or exercises designed to assess or improve an individual's ability to store, retain, and retrieve information.

Vitamin B-1

Also known as thiamine, a nutrient essential for glucose metabolism and the functioning of the nervous system.

Korsakoff's Syndrome

A chronic memory disorder typically caused by severe deficiency of thiamine (vitamin B1), often associated with chronic alcoholism.

Memory Problems

Issues or impairments in the ability to recall or retain information, impacting daily functioning and activities.