Answer These questions D and E A used car dealer says that the mean price of a three-year-old sports utility vehicle is $23,000. You suspect the claim is incorrect and find that a random sample of 22 similar vehicles has a mean price of $23,691 and a standard deviation of $1911. Is there enough evidence to reject the claim at $\alpha = 0.01$? Complete parts (a) through (e) below. Assume the population is normally distributed.(c) Find the standardized test statistic $t$.$t = 1.70$ (Round to two decimal places as needed)(d) Decide whether to reject or fail to reject the null hypothesis. - A. Fail to reject $H_0$ because the test statistic is in the rejection region(s).- B. Reject $H_0$ because the test statistic is not in the rejection region(s).- C. Fail to reject $H_0$ because the test statistic is not in the rejection region(s).- D. Reject $H_0$ because the test statistic is in the rejection region(s).(e) Interpret the decision in the context of the original claim.- A. At the 1% level of significance, there is not sufficient evidence to reject the claim that the mean price is not $23,000.- B. At the 1% level of significance, there is sufficient evidence to reject the claim that the mean price is $23,000.- C. At the 1% level of significance, there is not sufficient evidence to reject the claim that the mean price is $23,000.- D. At the 1% level of significance, there is sufficient evidence to reject the claim that the mean price is not $23,000.

The test statistic is 1.70. The test is two-tailed, and level of significance is 0.01.

(c) Find the standardized test statistic t. ..... t= 1.70 (Round to two decimal places as needed.) (d) Decide whether to reject or fail to reject the null hypothesis. O A. Fail to reject Ho because the test statistic is in the rejection region(s). O B. Reject H, because the test statistic is not in the rejection region(s). O C. Fail to reject Ho because the test statistic is not in the rejection region(s). O D. Reject H, because the test statistic is in the rejection region(s). (e) Interpret the decision in the context of the original claim. O A. At the 1% level of significance, there is not sufficient evidence to reject the claim that the mean price is not $23,000. B. At the 1% level of significance, there is sufficient evidence to reject the claim that the mean price is $23,000 C. At the 1% level of significance, there is not sufficient evidence to reject the claim that the mean price is $23,000. D. At the 1% level of significance, there is sufficient evidence to reject the claim that the mean price is not $23,000.