Test the claim that the average financial aid award at MATC is $2000 or less. A sample of100 MATC students is randoml selectedy, and the sample has an average of $1800. Test the claim at the α = 5% significance level. Assume the population has a standard deviation of $300. State the null and alternative hypotheses. ( b) Draw an appropriate distribution curve and label the critical value(s) and shade the critical region(s). c) Determine the test value and label it on your curve in appropriate position. d) Determine if you should reject the null hypothesis or fail to reject it. e) State your conclusion in terms of the original problem.
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