There's a claim that the average tuition fee in a private university for a year in the Philippines is greater than Php67500. You want to test this claim and you randomly sample 36 private universities and finds the mean to be Php70000. The population standard deviation is Php7500. Test the claim at 0.05 level of significance

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There's a claim that the average tuition fee in a private university for a year in the Philippines is greater than Php67500. You want to test this claim and you randomly sample 36 private universities and finds the mean to be Php70000. The population standard deviation is Php7500. Test the claim at 0.05 level of significance

d. Conclusion *
Average tuition fee is Php 67500.
Average tuition fee is greater than Php 67500.
Average tuition can be less than Php 67500 (Subtracting standard deviation of Php
7500 from Php 70000 is Php 62500).,
More sample is needed to make conclusion.
None of the above.
Transcribed Image Text:d. Conclusion * Average tuition fee is Php 67500. Average tuition fee is greater than Php 67500. Average tuition can be less than Php 67500 (Subtracting standard deviation of Php 7500 from Php 70000 is Php 62500)., More sample is needed to make conclusion. None of the above.
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