The mean annual tuition and fees for a sample of 15 private colleges was $41,200 with a standard deviation of $5,300. A dotplot shows that it is reasonable to assume that the population is Approximately normal. You wish to test whether the mean tuition and fees for private colleges is Different from $38,000.
State the null and alternate hypotheses.
A)
B)
C)
D)
Correct Answer:
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