Plz complete it will give 2 upvote 13. A report states that the cost of repairing a hybrid vehicle is falling even while typical repairs on conventional vehicles are getting more expensive. The most common hybrid repair, replacing the hybrid inverter assembly, had a mean repair cost of $3,927 in 2012. Industry experts suspect that the cost will continueto decrease given the increase in the number of technicians who have gained expertise on fixing gas-electric engines in recent months. Suppose a sample of 100 hybrid inverter assembly repairs completed in the last month was selected. The sample mean repair cost was $3,780 with the sample standarddeviation of $600. Complete parts (a) and (b) below.a. Is there evidence that the population mean cost is less than $3,927? (Use a 0.10 level of significance.)State the null and alternative hypotheses.Ho: μ(1)H₁:μ (2)(Type integers or decimals.)Find the test statistic for this hypothesis test.test statistic =The critical value(s) for the test statistic is(are)(Round to two decimal places as needed. Use a comma to separate answers as needed.)Is there sufficient evidence to reject the null hypothesis using α = 0.10?A. Reject the null hypothesis. There is sufficient evidence at the 0.10 level of significance that the population mean cost is less than $3,927.B. Do not reject the null hypothesis. There is insufficient evidence at the 0.10 level of significance that the population mean cost is less than $3,927.C. Do not reject the null hypothesis. There is insufficient evidence at the 0.10 level of significance that the population mean cost is greater than $3,927.D. Reject the null hypothesis. There is sufficient evidence at the 0.10 level of significance that the population mean cost is greater than $3,927.$b. Determine the p-value and interpret its meaning.The p-value is(Round to three decimal places as needed.)What does this p-value mean given the results of part (a)?ê0000A. The p-value is the probability that the actual mean cost is more than $3,780.B. The p-value is the probability that the actual mean cost is $3,927 or less given the sample mean cost is $3,780.C. The p-value is the probability that the actual mean cost is $3,780 or less.D.The p-value is the probability of getting a sample mean cost of $3,780 or less if the actual mean cost is $3,927.II VIA(Round to two decimal places as needed.)00AI VN0000VA II#00IA IV

Given Sample mean=$3780Sample size=100S=Sample standard deviation=$600

A report states that the cost of repairing a hybrid vehicle is falling even while typical repairs on conventional vehicles are getting more expensive. The most common hybrid repair, replacing the hybrid inverter assembly, had a mean repair cost of $3,927 in 2012. Industry experts suspect that the cost will continue to decrease given the increase in the number of technicians who have gained expertise on fixing gas-electric engines in recent months. Suppose a sample of 100 hybrid inverter assembly repairs completed in the last month was selected. The sample mean repair cost was $3,780 with the sample standard deviation of $600. Complete parts (a) and (b) below. a. Is there evidence that the population mean cost is less than $3,927? (Use a 0.10 level of significance.) State the null and alternative hypotheses. H: (1). H₂ (2). $ (Type integers or decimals.) Find the test statistic for this hypothesis test. test statistic $ The critical value(s) for the test statistic is(are) (Round to two decimal places as needed. Use a comma to separate answers as needed.) Is there sufficient evidence to reject the null hypothesis using a = 0.10? (Round to two decimal places as needed.) OA. Reject the null hypothesis. There is sufficient evidence at the 0.10 level of significance that the population mean cost is less than $3,927. OB. Do not reject the null hypothesis. There is insufficient evidence at the 0.10 level of significance that the population mean cost is less than $3,927. OC. Do not reject the null hypothesis. There is insufficient evidence at the 0.10 level of significance that the population mean cost is greater than $3.927. OD. Reject the null hypothesis. There is sufficient evidence at the 0.10 level of significance that the population mean cost is greater than $3,927. b. Determine the p-value and interpret its meaning. The p-value is (Round to three decimal places as needed.) What does this p-value mean given the results of part (a)? (1) ○- · 0 Os O > OA. The p-value is the probability that the actual mean cost is more than $3,780. OB. The p-value is the probability that the actual mean cost is $3,927 or less given the sample mean cost is $3,780. OC. The p-value is the probability that the actual mean cost is $3,780 or less. OD. The p-value is the probability of getting a sample mean cost of $3,780 or less if the actual mean cost is $3,927. Οι 0 < (2) * O < Ox O- O z OS