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:

Irreversibility

A cognitive limitation in young children's thinking, where they are unable to understand that an action can be done and undone.

Internalized Sets

Concepts, beliefs, or ways of thinking that have been fully absorbed into one's mindset and influence behavior and decision-making.

Operations

Mental actions that are reversible and allow children to do mentally what they previously did physically, a key concept in cognitive development theory.

Schemas

Cognitive structures that organize knowledge and guide information processing, based on themes or subjects.