survey of 64 companies revealed that the mean price charged for a given test was $13 with a standard deviation of $7. Does this data provide sufficient evidence to indicate that the population mean is greater than $11? Consider the significance of 10%. 1. The parameter of interest is: 2. The hypotheses for this test are: 3. The calculated test statistic is: 4. The critical region is: 5. Draw the critical region (make a decision): 6. It can be concluded

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A survey of 64 companies revealed that the mean price charged for a given test was $13 with a standard deviation of $7. Does this data provide sufficient evidence to indicate that the population mean is greater than $11? Consider the significance of 10%.
1. The parameter of interest is:
2. The hypotheses for this test are:
3. The calculated test statistic is:
4. The critical region is:
5. Draw the critical region (make a decision):
6. It can be concluded that:

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