An auditor, pressed for time and on a low budget, is concerned with account errors on customer credit. She takes a sample of 25 accounts, and finds the account error, on average, is $-23, with a standard deviation of $16. Is the claim of the manager that errors average only $-10 supported? If you were testing at a .05 level of significance, the test statistic would be what?

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An auditor, pressed for time and on a low budget, is concerned with account errors on customer credit. She takes a sample of 25 accounts, and finds the account error, on average, is $-23, with a standard deviation of $16. Is the claim of the manager that errors average only $-10 supported? If you were testing at a .05 level of significance, the test statistic would be what?

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