Step 1 :The null and alternative hypotheses are: \(H_{0}: \mu \geq 8100\) and \(H_{a}: \mu<8100\)
Step 2 :The standardized test statistic is given as -2.0
Step 3 :The degrees of freedom for the t-distribution is the sample size minus 1, which is 23 - 1 = 22
Step 4 :To calculate the P-value, we can use the cumulative distribution function (CDF) of the t-distribution. The CDF gives the probability that a random variable drawn from the t-distribution is less than or equal to a given value. Since the test statistic is negative, we need to find the probability that a random variable drawn from the t-distribution is less than or equal to -2.0
Step 5 :Using the test statistic and degrees of freedom, the P-value is calculated to be approximately 0.029
Step 6 :Final Answer: The P-value is \(\boxed{0.029}\)