1. If you perform Hypothesis Testing with alpha level of 0.01 What is the probability that true null hypothesis will be accepted? Question 2. How to find p-value using Appendix Table for Normal Distribution? Give an example. Question 3. When a new drug is created, the pharmaceutical company must subject it to testing before receiving the necessary permission from the Food and Drug Administration (FDA) to market the drug. Suppose the null hypothesis is \"the drug is safe.\" Describe Type I and Type II Error. Problem 4. A survey was done to see if the mean age when people start smoking is at least 16 (16 or greater). Ho: mean starting age 16 Ha: mean starting age < 16 The sample of n=25 smokers was shown the mean x =15.7 Distribution is normal and population standard deviation is known, = 1.5. Complete the Hypothesis Testing and make decision if your sample data support the claim at the significance level 5%? (This is Left-Tailed test). Problem 5. The cost of a daily newspaper varies from city to city. However, the standard deviation of price remains 20 (population standard deviation =0.20). A study was done to test the claim that the average cost of a daily newspaper is $1.00 (Ho: =1). Sample of N=36 newspapers were checked and the average price was found as x = 1.08 (sample mean). Complete the Hypothesis Testing at the significance level 1% and make the decision if your sample data support the claim that the average cost of a daily newspaper is $1.00 (this is Two-Tailed test)