Conduct a full hypothesis testing on the following problem and then choose among the options what best fits the items being asked: A medical bulletin reports that the average cost of rehabilitation for stroke victims is PhP 750,000. To see if the average cost of rehabilitation is different from a certain hospital, a researcher selects a random sample of 35 stroke victims at the hospital and finds that the average cost of their rehabilitation is PhP 680,000 with a standard deviation of PhP 100,000. At a-0.01, can it be concluded that the average cost of stroke rehabilitation at that certain hospital is lower from the reported cost from the medical bulletin? Note: Round off the test statistic to 3 decimal places. If two-tailed test is to be applied, the given critical values as options are considered the absolute values. Identify the following: - Alternative Hypothesis: H PhP 750,000 . Critical Value: -2.575 - Test Statistic: -4.141 - Decision: Reject Ho <> (> <>

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Conduct a full hypothesis testing on the following problem and then choose among the options what best
fits the items being asked:
A medical bulletin reports that the average cost of rehabilitation for stroke victims is PhP 750,000. To
see if the average cost of rehabilitation is different from a certain hospital, a researcher selects a
random sample of 35 stroke victims at the hospital and finds that the average cost of their
rehabilitation is PhP 680,000 with a standard deviation of PhP 100,000. At a-0.01, can it be
concluded that the average cost of stroke rehabilitation at that certain hospital is lower from the
reported cost from the medical bulletin?
Note: Round off the test statistic to 3 decimal places. If two-tailed test is to be applied, the given
critical values as options are considered the absolute values.
Identify the following:
- Alternative Hypothesis: H- PhP 750,000
. Critical Value: -2.575
. Test Statistic: -4.141
- Decision: Reject Ho
<>
<>
Transcribed Image Text:Conduct a full hypothesis testing on the following problem and then choose among the options what best fits the items being asked: A medical bulletin reports that the average cost of rehabilitation for stroke victims is PhP 750,000. To see if the average cost of rehabilitation is different from a certain hospital, a researcher selects a random sample of 35 stroke victims at the hospital and finds that the average cost of their rehabilitation is PhP 680,000 with a standard deviation of PhP 100,000. At a-0.01, can it be concluded that the average cost of stroke rehabilitation at that certain hospital is lower from the reported cost from the medical bulletin? Note: Round off the test statistic to 3 decimal places. If two-tailed test is to be applied, the given critical values as options are considered the absolute values. Identify the following: - Alternative Hypothesis: H- PhP 750,000 . Critical Value: -2.575 . Test Statistic: -4.141 - Decision: Reject Ho <> <>
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