For Exercises 1 through 13, perform each of the following

Chapter 8, Problem 5

(choose chapter or problem)

For Exercises 1 through 13, perform each of the following steps. a. State the hypotheses and identify the claim. b. Find the critical value(s). c. Compute the test value. d. Make the decision. e. Summarize the results. Use diagrams to show the critical region (or regions), and use the traditional method of hypothesis testing unless otherwise specified.Health Care Expenses The mean annual expenditure per 25- to 34-year-old consumer for health care is $1468. This includes health insurance, medical services, and drugs and medical supplies. Students at a large university took a survey, and it was found that for a sample of 60 students, the mean health care expense was $1520, and the population standard deviation is $198. Is there sufficient evidence at a 0.01 to conclude that their health care expenditure differs from the national average of $1468? Is the conclusion different at a 0.05? S

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