The Araneta Colosseum was built specifically for Basketball games in PBA. It can accommodate 2 500 audiences. Basketball is so popular among Filipinos that tickets were priced up to P250. A business man wished to know the new selling price and a random sample of 28 showed a near of P225 with a standard deviation of P5. Is there sufficient evidence to indicate that the mean selling price for basketball games differs from P250. Use 5% significance level. 1. What is Alternative Hypothesis 2. determine the type of test 3. What is the computed value of Z

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