(Solved): lestion Completion Status: QUESTION 2 The Hospital Care Cost institute randomly selected 16 indivi ...

lestion Completion Status: QUESTION 2 The Hospital Care Cost institute randomly selected 16 individuals, recorded the amount spent each year on prescription drugs, then put this information into Excel, Assume a population standard deviation of \( \$ 200 \). Can you reject the hypothesis that the average amount spent per person each year on prescription drugs is at most \( \$ 640 \) at a \( a, 025 \) ? Based on this paragraph of text, use the correct excel output above to answer the following question. For the hypothesis stated above, what is the test statistic? information into Excel. Assume a population standard deviation of \( \$ 200 \). Can you reject the hypothesis that the average amour person each year on prescription drugs is at most \( \$ 640 \) at \( a=.025 \) ? Based on this paragraph of text, use the correct excel cutpi answer the following question. For the hypothesis stated above, what is the test statistic? a. \( 1.4713 \) b. \( 3.6442 \) C. \( 2.1785 \) d. \( 2.4370 \) e. None of the answers is correct