Question 7 1 pts A financial analyst wants to make a prediction of the mean price a customer would pay for her firm's product. The product is consumed by a wide range of consumers of all ages, income levels, and cultural backgrounds. So, given that the product is widely used by a diverse group of consumers, assuming a normal distribution is fair. Suppose the analyst collected a sample of 100 observations, the mean price that customers are willing to pay for the product was $5.09, and that the sample standard deviation was $0.50. The analyst wants to find out if the average value that customers will pay for the product is larger than $5. The level of significance is 5%. Which of the following statements is correct? HO: US 5 versus HAN> 5. one-tailed z test and HO should be rejected. HO: P = 5 versus HA475, two-tailed z test and HO cannot be rejected. HO: 25 versus HAY 5. one-tailed z test and Ho failed to be rejected