Please answer accordingly

Question 1 5 points Save Answer Tristan thinks that income affects the amount of money people spend on New Year's Eve. Tristan studies a sample of 100 high-income people and finds that they are willing to spend an average of $200 on New Year's Eve, with standard deviation $50. If Tristan knows that people in the general population tend to spend $50 on New Year's Eve, a) Construct the two-tailed 99% Confidence Interval for the true population mean amount spent by high-income people on New Year's Eve. b) Based on this Confidence Interval, would you reject the null or fail to reject the null at a = 0.01? For the toolbar, press ALT+F10 (PC) or ALT+FN+F10 (Mac). BIUS Paragraph Arial 10pt V V A E E E E X2 X2 + V X EXE + H+ O ? P O WORDS POWERED BY TINY