A test is made of H0: μ = 55 versus H1: μ > 55. A sample of size n = 62 is drawn, and x̄ = 62. The population standard deviation is σ = 27. Compute the test value z and determine if H0 is rejected at the α = 0.01 level.
2.04, H0 not rejected
2.04, H0 rejected
0.26, H0 rejected
0.26, H0 not rejected