A music industry professional claims that the average amount of money that an average teenager spends per month on music is at least $50.Based upon previous research,the population standard deviation is estimated to be $12.42.The music professional surveys 20 students and finds that the mean spending is $47.77.Is there evidence that the average amount spent by students is less than $50?

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The Answer of A music industry professional claims that the average amount of money that an average teenager spends per month on music is at least $50.Based upon previous research,the population standard deviation is estimated to be $12.42.The music professional surveys 20 students and finds that the mean spending is $47.77.Is there evidence that the average amount spent by students is less than $50?

A Music Industry Professional Claims That the Average Amount of Money