The average cost for teeth straightening with metal braces is approximately $5421. A nationwide franchise thinks that its cost is below that figure. A random sample of 28 patients across the country had an average cost of $5346 with a standard deviation of $630. At α=0.10, can it be concluded that the mean is less than $5421? Assume that the population is approximately normally distributed. State the claim and identify the hypothesis. Tell whether it is a one tailed or two tailed test.

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The average cost for teeth straightening with metal braces is approximately $5421. A nationwide franchise thinks that its cost is below that figure. A random sample of 28 patients across the country had an average cost of $5346 with a standard deviation of $630. At α=0.10, can it be concluded that the mean is less than $5421? Assume that the population is approximately normally distributed.

  1. State the claim and identify the hypothesis. Tell whether it is a one tailed or two tailed test. 
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