The State Insurance Commissioner Believes That the Mean Automobile Insurance

True/False

The state insurance commissioner believes that the mean automobile insurance claim filed in her state exceeds $1,700.To test this claim,the agency has selected a random sample of 20 claims and found a sample mean equal to $1,733 and a sample standard deviation equal to $400.They plan to conduct the test using a 0.05 significance level.Based on this,the null hypothesis should be rejected if > $1,854.66 approximately.