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State the following of the given problem. 1.8tate the null and alternative hypothesis. 2.ldentify the test to be used. 3.Compute the test statistics. 4.Determine the
State the following of the given problem. 1.8tate the null and alternative hypothesis. 2.ldentify the test to be used. 3.Compute the test statistics. 4.Determine the critical value. 5.Draw a conclusion. It was announced over the radio that the average price of a kilogram of pork liempo in Metro Manila is P195. However, a sample of 15 prices randomly collected from different markets in Metro Manila showed an average of P200 and a standard deviation of P3500. Using a 0.05 level of significance, is there a sufficient evidence to conclude that the average price of pork liempo is more than P195? Normality is assumed over a population
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