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The mean annual tuition and fees for a sample of 12 private colleges was $40,500 with a standard deviation of $5,000. A dotplot shows that it is reasonable to assume that the population is approximately normal. You wish to test whether the mean tuition and fees for private colleges is different from $37,400. State a conclusion regarding the Ho. Use the or - 0.01 significance level. a. Do not reject Ho: There is sufficient evidence to conclude the mean annual tuition and fees is different from $37,400. b. Reject Ho: The mean annual tuition and fees appears to be different from $37,400. c. There is not enough information to draw a conclusion