Considering the situation described, the hypothesis tested are given as follows:
- The null hypothesis is
- The alternative hypothesis is
At the null hypothesis, it is tested if the standard deviation is not less than $23, that is:
At the alternative hypothesis, it is tested if there is significant evidence t conclude that the standard deviation is less than $23, that is:
More can be learned about an hypothesis test at brainly.com/question/26454209
