An education publication claims that the average in-state tuition for one year of law school at a private institution is more than $35,000. A random sample of 50 private law schools has a mean in-state tuition of $34,967. The population standard deviation is known to be $5933 per year. At 2% level of significance test the publication's claim, Note: Show (a) The hypothesis structure (b) The p-value and if you accept or reject the claim, (C) The conclusion as a verbal statement.

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An education publication claims that the average in-state tuition for one year of law school at a private institution is more than
$35,000. A random sample of 50 private law schools has a mean in-state tuition of $34,967. The population standard deviation is known
to be $5933 per year. At 2% level of significance test the publication's claim,
Note: Show (a) The hypothesis structure (b) The p-value and if you accept or reject the claim, (C) The conclusion as a verbal statement.
Transcribed Image Text:An education publication claims that the average in-state tuition for one year of law school at a private institution is more than $35,000. A random sample of 50 private law schools has a mean in-state tuition of $34,967. The population standard deviation is known to be $5933 per year. At 2% level of significance test the publication's claim, Note: Show (a) The hypothesis structure (b) The p-value and if you accept or reject the claim, (C) The conclusion as a verbal statement.
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