Calculate the test statistic and p-value for each sample meanand make the statistical decision (3 points each).
1. H0: µ ≤ 16 versus H1: µ > 16, x = 17, s = 5, n = 25, α =0.05 test statistic___________ p-value___________ Decision (circleone) Reject the H0 Fail to reject the H0
2. H0: µ ≥ 205 versus H1: µ < 205, x = 198, σ = 15, n = 20, α= 0.05 test statistic___________ p-value___________ Decision(circle one) Reject the H0 Fail to reject the H0
3. H0: µ = 26 versus H1: µ<> 26, x = 22, s = 10, n = 30, α= 0.01 test statistic___________ p-value___________ Decision(circle one) Reject the H0 Fail to reject the H0
4. H0: µ ≥ 155 versus H1: µ < 155, x = 145, σ = 19, n = 25, α= 0.01 test statistic___________ p-value___________ Decision(circle one) Reject the H0 Fail to reject the H0
5. H0: µ ≥ 155 versus H1: µ < 155, x = 145, σ = 19, n = 15, α= 0.01 test statistic___________ p-value___________ Decision(circle one) Reject the H0 Fail to reject the H0
6. The mean cost of a basic rental car per week is said to begreater than $125 per week. To determine if this is true, a randomsample of 25 rental cars is taken and resulted in an average of$130.50 and an sample standard deviation of $15.40. Test theappropriate hypotheses at ï¡ = 0.05 (1 point each). H0:_________________ H1: _________________ Test statistic :_________________ p-value : _________________ Is the mean costgreater than $125/week ? (circle one) YES NO