Household income in thousands of dollars. Income 54 51 57 36 49 63 45 65 52 55 64 47 70 51 51 37 57 59 hypothesized value 53.500 mean Income 9.064...

• Conduct using Microsoft® Excel® functions at least two inferential statistics using your data and summarize and interpret the results
• Explain why the two descriptive statistics you conducted are appropriate for the data

The data is attached to this message. Thanks!