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 α is set to 0.05.The p-value for this hypothesis test would be ______.
A) 0.1310
B) 0.0950
C) 0.0475
D) 0.0219

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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 α is set to 0.05.The p-value for this hypothesis test would be ______.
A) 0.1310
B) 0.0950
C) 0.0475
D) 0.0219

The Department of Education Would Like to Test the Hypothesis