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Average Senior High School annual cost of tuition fee for all private schools last year was P46,300. A random sample of costs this year for
Average Senior High School annual cost of tuition fee for all private schools last year was P46,300. A random sample of costs this year for 45 private schools indicated that the sample mean was P47,800 and a sample standard deviation was P5,600. At the 0.10 level of significance, is there sufficient evidence to conclude that the cost has increased?
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