Solution) The following random sample of weekly student expenses in dollars is obtained from a normally distri


Question: The following random sample of weekly student expenses in dollars is obtained from a normally distribute population of undergraduate students with unknown parameters.

68 56 76 75 62 81 72 69 91 84
49 75 69 59 70 53 65 78 71 87

71 74 69 65 64

Conduct the appropriate statistical test to verify the claim that the average weekly student is expenses is different than 74 dollars using an alpha level of 5%. (Do by hand outlining your steps and computations)

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Answer: The solution consists of 3 pages
Deliverable: Word Document

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