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At a university, the average cost of books per student has been $600 per student per...

At a university, the average cost of books per student has been $600 per student per semester. The Dean of Students believes that the costs are increasing and that the average is now greater than $600. He surveys a sample of 40 students and finds that for the most recent semester their average cost was $645 with a standard deviation of $75. What is the test value for this hypothesis test?

Test value: ? Round your answer to two decimal places as necessary.

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Answer #1

Given: u= 600 ; x bar = 645; S = 75; n = 40 Hypothesis : HO: u = 600 C vs H1:> 600 Test statistics : x bar- s Vn 645 - 600 75

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