Hypothesis Testing: (4 pts each) Perform hypothesis testing on the following questions by identifying each: 1. Set up (test used, H., H.) 2. Test Statistic 3. P-value 4. Conclusion (reject or accept H.). 3. An economist finds that a random sample of 28 people had a mean FICO score of 715 with a standard deviation of 42. Can she conclude that the true mean FICO score is less than 720? Use an a -- 0.05 level of significance. 4. Test the claim that the mean annual tuition and fees for private colleges in California is $30,000 when a sample of 24 local private colleges in California had a sample mean of $23,514 and standard deviation of $7200. Use a significance level of a = 0.01 5. A survey asked a sample of 1298 people how much time they spent watching TV each day. The sample mean was 6.18 hours with a standard deviation of 5.74 hours. Test the claim that all people watch an average of 6 hours of TV per day. Use the a = 0.05 level of significance