1. According to the US Chamber of Commerce. the annual average loss due to employee theft is $T35 per employee. Take this as your population value. You take a random sample of 15D companies that are owned by their employees and nd that the mean loss due to employee theft: for these employeeowned companies is $630 with a standard deviation of $3 DI). Test the mill hypothesis that the real population value of average theft for employeeowned companies is $i'35, against the alternative that it is less than that. Use an alpha level of 13302. State each step of your hypothesis test. Interpret your results. 2. A criminology professor wants to estimate the population mean performance for her current class of 25 students. The average this semester was 34 with a standard deviation of 12.5. In the past 2U semesters that the professor has taught this class: the average performance in the class was a T83. Test the null hypothesis that the current class is the same as the previous classes against the alternative hypothesis that this current semester has students who are genuinely smarter. What do you conclude? Use an alpha level of {1.13 1. State each step in your hypothesis test