Solved: For Exercises 5 through 18, perform each of the

Chapter 8, Problem 11

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For Exercises 5 through 18, perform each of the following steps. a. State the hypotheses and identify the claim. b. Find the critical value(s). c. Find the test value. d. Make the decision. e. Summarize the results. Use the traditional method of hypothesis testing unless otherwise specified. Assume that the population is approximately normally distributed.Cost of College The average undergraduate cost for tuition, fees, and room and board for two-year institutions last year was $13,252. The following year, a random sample of 20 two-year institutions had a mean of $15,560 and a standard deviation of $3500. Is there sufficient evidence at the a 0.01 level to conclude that the mean cost has increased?

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