Macmillan LearningThe Graduate Management Admission Test (GMAT) is taken by individuals interested in pursuing graduate managementeducation. GMAT scores are used as part of the admissions process for more than 6000 graduate management programsworldwide. The mean score for all test takers is 563 with a standard deviation of 118. A researcher in the Philippines isconcerned about the performance of undergraduates in the Philippines on the GMAT. She believes that the mean scores for thisyear's college seniors in the Philippines who are interested in pursuing graduate management education will be less than 563.She has a random sample of 250 college seniors in the Philippines interested in pursuing graduate management education thattake the GMAT. Suppose we know that GMAT scores are Normally distributed with a standard deviation o =118.State the null and alternative hypotheses for the study of the performance on the GMAT of college seniors in the Philippines. Isthe alternative hypothesis one-sided or two-sided?Ho: μHPII AI A V VI72501186000563Data on scores on the GMAT can be found at www.gmac. com/gmat/learn-about-the-gmat-exam, www.gmac.com/gmat-other-assessments/ accessing-gmat-exam-scores-and-reports/gmat-scoring-by-exam-section-normal-view, and www.gmac.com/market-intelligence-and-research/assessment-data/ about-the-geographic-trend-reports. The mean and standard deviation for the GMAT scores is based on data from 2015-2018 and is based on the results of 739,752 tests. Macmillan LearningThe Graduate Management Admission Test (GMAT) is taken by individuals interested in pursuing graduate managementeducation. GMAT scores are used as part of the admissions process for more than 6000 graduate management programsworldwide. The mean score for all test takers is 563 with a standard deviation of 118. A researcher in the Philippines isconcerned about the performance of undergraduates in the Philippines on the GMAT. She believes that the mean scores for thisyear's college seniors in the Philippines who are interested in pursuing graduate management education will be less than 563.She has a random sample of 250 college seniors in the Philippines interested in pursuing graduate management education thattake the GMAT. Suppose we know that GMAT scores are Normally distributed with a standard deviation o =118.State the null and alternative hypotheses for the study of the performance on the GMAT of college seniors in the Philippines. Isthe alternative hypothesis one-sided or two-sided?Ho: μHPII AI A V VI72501186000563Data on scores on the GMAT can be found at www.gmac. com/gmat/learn-about-the-gmat-exam, www.gmac.com/gmat-other-assessments/ accessing-gmat-exam-scores-and-reports/gmat-scoring-by-exam-section-normal-view, and www.gmac.com/market-intelligence-and-research/assessment-data/ about-the-geographic-trend-reports. The mean and standard deviation for the GMAT scores is based on data from 2015-2018 and is based on the results of 739,752 tests.

Question

Accepted Answer

Population mean (µ) = 563Sample size (n) = 250Population standard deviation (σ) = 118The null…