To finance her community college education, Sarah takes out a loan for $3700. After a year Sarah decides to pay off the inter
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Answer:
Step-by-step explanation:
We are given the following in the question:
Population mean, μ = 108
Sample mean, = 107
Sample size, n = 110
Alpha, α = 0.02
Population standard deviation, σ = 7
Formula:
Putting all the values, we have
The test statistic is -1.50