When the mean of the sample 15 countries' fiscal-balance-to-GDP ratio (expressed as %)  is -5.74 and the sample standard deviation is 5.97,  Test whether the countries are recording a fiscal deficit (i.e., negative fiscal balance) on the average. Use a 5% level of significance.

Glencoe Algebra 1, Student Edition, 9780079039897, 0079039898, 2018
18th Edition
ISBN:9780079039897
Author:Carter
Publisher:Carter
Chapter10: Statistics
Section10.4: Distributions Of Data
Problem 3GP
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When the mean of the sample 15 countries' fiscal-balance-to-GDP ratio (expressed as %)  is -5.74 and the sample standard deviation is 5.97, 

Test whether the countries are recording a fiscal deficit (i.e., negative fiscal balance) on the average. Use a 5% level of significance.

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