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 Department of Education would like to set α = 0.05. The test statistic for this hypothesis test would be ______.
A)t x = 1.89
B)z x = 2.23
C)z x = 1.67
D)t x = - 2.06

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The Answer of 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 Department of Education would like to set α = 0.05. The test statistic for this hypothesis test would be ______.
A)t x = 1.89
B)z x = 2.23
C)z x = 1.67
D)t x = - 2.06

The Department of Education Would Like to Test the Hypothesis