REMOTE SP 22 Lesson 24 April 21 NAME ASSIGNMENT # 24 Due April 25 Points: 45 SECTION For each question, find: a) Hypotheses - 4 pts b) Type of test, level of significance - 2pts c) Test statistic - 4 pts d) P-value - 3 pts e) Conclusion - 2 pts 3. The R R Bowker Company of New York collects information on the retail prices of books. Data published indicates the mean retail price of all softcover books is $28.44. This year's retail prices for 40 randomly selected history books has a mean of $31.75 with a standard deviation of $ 7.35. Has the price actually increased? Perform a p- value test at 1% significance level to test your hypothesis