The number of "destination weddings" has skyrocketed in recent years. For example, many couples are opting to have their weddings in the Caribbean. A Caribbean vacation resort recently advertised in *Bride Magazine* that the cost of a Caribbean wedding was less than $30,000. Listed below is a total cost in $000 for a sample of 8 Caribbean weddings. At the 0.05 significance level, is it reasonable to conclude the mean wedding cost is less than $30,000 as advertised?

31.730.531.428.629.229.429.628.5

**State the null hypothesis and the alternate hypothesis. Use a 0.05 level of significance.****(Enter your answers in thousands of dollars.)**

**State the decision rule for 0.05 significance level.****(Negative amount should be indicated by a minus sign. Round your answer to 3 decimal places.)**

**Compute the value of the test statistic.****(Negative amount should be indicated by a minus sign. Round your answer to 3 decimal places.)**

**What is the conclusion regarding the null hypothesis?**

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