(c) At a = 0.05, what is your conclusion? Do not reject /. Conclude there is not evidence that the price in Providence for a bottle of red wine that scores 4.0 or higher on the Vivino Rating System is less than the population mean of $32.48. Reject Ho. Conclude there is not evidence that the price in Providence for a bottle of red wine that scores 4.0 or higher on the Vivino Rating System is less than the population mean of $32.48. Do not reject Ho. Conclude there is evidence that the price in Providence for a bottle of red wine that scores 4.0 or higher on the Vivino Rating System is less than the population mean of $32.48. Reject Ho. Conclude there is evidence that the price in Providence for a bottle of red wine that scores 4.0 or higher on the Vivino Rating System is less than the population mean of $32.48. (d) Repeat the preceding hypothesis test using the critical value approach. Restate the null and alternative hypotheses. Use the "Relations" tab and/or the "Greek" tab in the mathPad at the right of the screen if needed. Remember: Enter != for * as needed. Ho Reenter the value of the test statistic. (Round your answer to three decimal places.) State the critical values for the rejection rule. Use a = 0.05. (Round your answers to three decimal places. If the test is one-tailed, enter NONE for the unused tail.) test statistic s test statistic 2 At a = 0.05, what is your conclusion? Do not reject Ho. Conclude there is not evidence that the price in Providence for a bottle of red wine that scores 4.0 or higher on the Vivino Rating System is less than the population mean of $32.48. Reject Ho. Conclude there is not evidence that the price in Providence for a bottle of red wine that scores 4.0 or higher on the Vivino Rating System is less than the population mean of $32.48. Do not reject Ho. Conclude there is evidence that the price in Providence for a bottle of red wine that scores 4.0 or higher on the Vivino Rating System is less than the population mean of $32.48. Reject Ho. Conclude there is evidence that the price in Providence for a bottle of red wine that scores 4.0 or higher on the Vivino Rating System is less than the population mean of $32.48.You may need to use the appropriate appendix table to answer this question. According to the Vivino website, suppose the mean price for a bottle of red wine that scores 4.0 or higher on the Vivino Rating System is $32.48. A New England-based lifestyle magazine wants to determine if red wines of the same quality are less expensive in Providence, and it has collected prices for 62 randomly selected red wines of similar quality from wine stores throughout Providence. The mean and standard deviation for this sample are $30.15 and $12, respectively. (a) Develop appropriate hypotheses to test if there is evidence that the mean price in Providence for a bottle of red wine that scores 4.0 or higher on the Vivino Rating System is less than the population mean of $32.48. Use the "Relations" tab and/or the "Greek" tab in the mathPad at the right of the screen if needed. Remember: Enter != for # as needed. Ho: (b) Use the sample information from the 62 bottles to calculate the test statistic. (Round your answer to three decimal places.) Use Excel and the sample information from the 62 bottles to find the p-value. (Round your answer to four decimal places.) p-value = (c) At a = 0.05, what is your conclusion? Do not reject Ho. Conclude there is not evidence that the price in Providence for a bottle of red wine that scores 4.0 or higher on the Vivino Rating System is less than the population mean of $32.48. Reject Ho. Conclude there is not evidence that the price in Providence for a bottle of red wine that scores 4.0 or higher on the Vivino Rating System is less than the population mean of $32.48. Do not reject Ho. Conclude there is evidence that the price in Providence for a bottle of red wine that scores 4.0 or higher on the Vivino Rating System is less than the population mean of $32.48. O Reject Ho. Conclude there is evidence that the price in Providence for a bottle of red wine that scores 4.0 or higher on the Vivino Rating System is less than the population mean of $32.48. (d) Repeat the preceding hypothesis test using the critical value approach. Restate the null and alternative hypotheses. Use the "Relations" tab and/or the "Greek" tab in the mathPad at the right of the screen if needed. Remember: Enter != for # as needed. Ho- Ha Reenter the value of the test statistic. (Round your answer to three decimal places.)