Health Care Premiums. Use the following information for Exercises 69–71. The National Conference of State Legislatures reports that the mean annual premium for employer-sponsored family health insurance coverage was $16,351 in 2014. A random sample of 100 such families showed a mean annual premium of $17,251. Assume .

Question 9.176

image 70. What if the sample mean premium equaled some value larger than $17,251, while everything else stayed the same? Explain how this change would affect the following, if at all:

  1. The hypotheses
  3. The critical region
  5. The conclusion