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A recent survey of 8,000 high school students found that the mean price of a prom dress was $195.00 with a standard deviation of $12.00. Alyssa thinks that her school is more fashion conscious and spent more than $195.00. She collected data from 20 people in her high school and found that the average price spent on a prom dress was $208.00. Which of the following is the correct z-statistic for this situation?
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z= (value-mean)/standard deviation I believe
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