Question

The National Average cost for a 4 year degree at a public institution is roughly $39,500...

The National Average cost for a 4 year degree at a public institution is roughly $39,500 for
students beginning in Fall 2016
22 students in a RCTC-Winona 2+2 are expecting an average cost of $28,000 with standard
deviation of $2100

a) Setup a Hypothesis Test to answer “Do 2+2 Students pay the National Average Price?”

b) Run your test at 99%. ( for 2-tail)

c) Explain your conclusion

Math   Statistics-And-Probability   
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