Question: Solve the problem. A consumer product magazine recently ran a story concerning the increasing prices of digital cameras. The story stated that digital camera prices

 Solve the problem. A consumer product magazine recently ran a story

Solve the problem. A consumer product magazine recently ran a story concerning the increasing prices of digital cameras. The story stated that digital camera prices dipped a couple of years ago, but now are beginning to increase in price because of added features. According to the story, the average price of all digital cameras a couple of years ago was $215.00. A random sample of n = 22 cameras was recently taken and entered into a spreadsheet. It was desired to test to determine if that average price of all digital cameras is now more than $215.00. Find a rejection region appropriate for this test if we are using a = 0.05. O Reject Ho if t > 1.725 O Reject Ho if t > 1.721 O Reject Ho if t > 2.080 ort 1.717

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