A sample of 47 observations is selected from a normal population. The sample mean is 66, and the population standard deviation is 6. Conduct the following test of hypothesis using the 0.02 significance level.H0: ? = 68H1: ? ? 68a. Is this a one- or two-tailed test?multiple choice 1One-tailed testTwo-tailed testb. What is the decision rule?multiple choice 2Reject H0 if ?2.326 2.326c. What is the value of the test statistic? (Negative amount should be indicated by a minus sign. Round your answer to 2 decimal places.)d. What is your decision regarding H0?multiple choice 3Reject H0Fail to reject H0e-1. What is the p-value? (Round your z value to 2 decimal places and final answer to 4 decimal places.)e-2. Interpret the p-value? (Round your z value to 2 decimal places and final answer to 2 decimal places.)

Exercise 10-1 (Algo) (LO10-3, LO10-5) A sample of 47 observations is selected from a normal population. The sample mean is 66, and the population standard deviation is 6. Conduct the following test of hypothesis using the 0.02 significance level. Ho: H = 68 HI: H # 68 a. Is this a one- or two-tailed test? O One-tailed test O Two-tailed test b. What is the decision rule? O Reject Ho if -2.326 2.326 c. What is the value of the test statistic? (Negative amount should be indicated by a minus sign. Round your answer to 2 decimal places.) Value of the test statistic