Looking for help to solve the attached homework in a word document. Must apply 7 steps of hypothesis testing wherever applicable as follows:
1. State parameter of interest,
2. Null Hypothesis (H0), and 3. Alternative Hypothesis (H1)
4. State test statistic to be used to solve the question
5. Reject H0 if: (define criteria that will lead to the rejection of H0)
6. Computations (using the test statistic and whatever else needed to calculate the answer)
7. Conclusions (or final decision to reject H0 or not)
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