Please let me know if you need additional information.

First option: Greater than less than equal etc

Second: Greater than less than equal etc

Critical values

Test statistic

p Value

Conclusion option 1: Do not reject or reject

Conclusion option 2: insufficient or sufficient

During a period of one month, a random sample of 27 approved life insurance policies is selected, and the total processing time, in days, is recorded as shown in the data table below. Complete pans (a) through (d). E Click the icon to view the data table. Click here to view page 1 of the critical values for the t Distribution. Click here to view page 2 of the critical values for the t Distribution. a. In the past, the mean processing time was 48 days. At the 0.01 level of significance, is there evidence that the mean processing time has changed from 48 days? State the null and alternative hypotheses. HOW V H1:p V Identify the critical value(s). The critical value(s) is(are) . (Round to four decimal places as needed. Use a comma to separate answers as needed.) Determine the test statistic. The lest statistic is . (Round to four decimal places as needed.) Find the p-value. pvalue = (Round to four decimal places as needed.) State the conclusion. V Ho- There is V evidence to conclude that the mean processing time has changed from 48 days. b. What assumption about the population distribution is needed in order to conduct the t test in (a)? O A. The population distribution is approximately uniform. O B. The population distribution is skewed. O C. The population distribution is approximately normal. \f