Statistic Analysis I need step by step solutions 1. Personal computers and laptops have come a long way since they were first developed. Computers tended to be ridiculously huge and expensive in the past, and they performed poorly. Today's computers are smaller, faster, more affordable, and much more powerful. The iPrice Group Sdn Bhd listed the prices of the latest

laptop models for April 2021 in Malaysia and claimed that, on average, laptopprices start from RM1,500.

a. To verify the claim made by the iPrice Group Sdn Bhd, what null and alternative hypotheses should you test?

b. Suppose you select =.10. Interpret this value in the words of the problem.

c. For =.10, specify the rejection region of a large sample test

2. In a test of the hypothesis H0 : =50 versus Ha : >50, a sample of n=100observations possessed mean x=49.4 and standard deviation s=4.1. Find and interpret the p-value for this test.