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1. Thegoalofahypothesistestistodetermineiftheaveragecostofgason the east coast exceeds $2.50 per gallon. A sample of 300 stations is collected,...

1. Thegoalofahypothesistestistodetermineiftheaveragecostofgason the east coast exceeds $2.50 per gallon. A sample of 300 stations is collected, for which x = 2.52 and s = 0.13. Compute a p-value and draw an appropriate conclusion from this data.
2. Referto#1andcalculatethepowerofthetestifthetrueaveragecostof gas on the east cost is $2.51.
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