The mean annual tuition and fees for a sample of 22 private colleges in California was $33,750 with a standard deviation of $7400.  A dotplot shows that it is reasonable to assume that the population is approximately normal. Can you conclude that the mean tuition and fees for private institutions in California is less than $35,000? Use the =α0.05 level of significance and the P-value method with the TI-84 Plus. (c) Compute the P-value (d) Determine whether to reject H0. (e) is there enough evidence?

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College tuition: The mean annual tuition and fees for a sample of 22 private colleges in California was $33,750 with a standard deviation of $7400.  A dotplot shows that it is reasonable to assume that the population is approximately normal. Can you conclude that the mean tuition and fees for private institutions in California is less than $35,000? Use the =α0.05 level of significance and the P-value method with the TI-84 Plus.

(c) Compute the P-value

(d) Determine whether to reject H0.

(e) is there enough evidence?

Expert Solution
Step 1

The claim is that the mean tuition and fees for private institutions in California is less than $35,000.

Thus, the null and alternative hypotheses are shown below:

Null hypothesis:

H0: µ = 35,000

Alternative hypothesis:

H1: µ <35,000

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