Personal computers and laptops have come a long way since they were first developed. In the past, computers tended to be ridiculously huge and expensive, 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, laptop prices start from RM1,500.

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

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

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