he price of a certain combo meal at different franchises of a national fast food company varies from $5.00 to

$17.33

and has a known standard deviation of

$2.13.

A sample of

28

students in an online course that includes students across the country stated that their average price is

$6.00.

The students have also stated that they are generally unwilling to pay more than

$6.75

for this meal. Formulate and conduct a hypothesis test to determine if you can conclude that the population mean is less than

$6.75.

Use a level of significance of

0.05.

Determine the null hypothesis,

H0,

and the alternative hypothesis,

H1.

can you explain how do you get the hypothesis and why is it like that