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Company A has implemented new technologies to decrease the manufacturing cost of products. The old cost was $5.6 per unit. In order to find out

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Company A has implemented new technologies to decrease the manufacturing cost of products. The old cost was $5.6 per unit. In order to find out whether the new technologies are effective or not, we decided to perform a hypothesis test at the significance level of 0.05. We collected a sample of 36 products and found the average cost is $5.5, and the sample standard deviation of the cost is $1.2. Please first choose the correct set of hypotheses and then choose the correct test statistics. HO:mean=5.6HO:mean>=5.6H1:mean5.6H1:mean

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