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Good morning can you assist me with this question please Normal Curve Areas . :: . . ... : . . . reasured of Relationships

Good morning can you assist me with this question please

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Normal Curve Areas . :: . . ..". : . . . reasured of Relationships Between Variable POR 8. You are doing some research on the cost of one-bedroom apartments in town. Based on prices from previous years, a real estate agent gives you the information that o is approximately $55 and u is approximately $675 per month. Assume that price follows roughly a normal distribution. You have randomly selected 25 apartments for which the price was published. The average price for these apartments is X = 695. You are to test if u is less than 675. You set the null and alternative hypotheses as follows: Ho: US 675 vs Ha: M > 675 a. Compute the test statistic value. b. If a = 0.05, what is the critical value? c. What is the p value? d. What is the conclusion if a = 0.05? e. What is the conclusion if a = 0.02

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