The Department of Education Would Like to Test the Hypothesis

question 113

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 α is set to 0.05. The p-value for this hypothesis test would be ________.

• A) 0.1310
• B) 0.0957
• C) 0.0475
• D) 0.0219

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Definitions:

Blood Glucose

The concentration of glucose present in the blood, essential for providing energy to cells throughout the body.

Metabolic Rate

The rate at which the body burns calories to produce energy.

Calories

Units of energy in food, quantifying the amount of energy provided to the body when consumed.

Set-Point Theory

A theory that suggests human body weight is regulated around a genetically predetermined 'set point.'