The Statistical Abstract of the United States reported that the average cost per day of owning an automobile in the United states is $7.62. This includes the cost of the car, general maintenance, gasoline, and insurance. A researcher claims that college students' average daily ownership expenses are less than the national average. A random sample of 54 college students who own cars found the average cost per day to be $6.78 with standard deviation $1.77. Use a 5% level of significance to test the claim that a college student's average daily ownership expenses are less than the national average. State the Null and Alternate Hypotheses, calculate the test statistic, compute the P value for this test, state the alpha value, then state your conclusion. Is there enough evidence to support the claim?