You are conducting a study to test a claim that the mean income of regular casino visitors is significantly less than $95,000. A randomsample of 50 regular casino visitors had a mean income of $87,005. Do the sample data provide convincing evidence to support the claim? Assume is known to be $20,000. Conduct a hypothesis test using a 1% level of significance.Give numeric answers to at least 2 decimal places.

What are the correct hypotheses? (Select the correct symbols and values.) H0: Select an answer: p. x, p, , s, , , s

Select an answer: ? = < >

Hypothesis= ? H1: Select an answer: p. x, p, , s, , , s

Select an answer: ? = < >

Hypothesis= ?

Based on the hypotheses, find the following:

Test Statistic = Critical-value =

The correct decision is to Select an answer:

Fail to reject the null hypothesis,

Accept the alternative hypotheis,

Accept the null hypothesis,

Reject the null hypothesis.

The correct conclusion would be: Select an answer:

There is enough evidence to support the claim,

There is not enough evidence to reject the claim,

There is enough evidence to accept H,

There is enough evidence to reject the claim,

There is not enough evidence to support the claim that the mean income of regular casino visitors is significantly less than $95,000