A car rental company advertises daily average rates of $34.5…

A car rental company advertises daily average rates of $34.58 for a certain type of vehicle. A sample of 61 different days showed an average rate of $35.42 with a standard deviation of $4.82.  At α = 0.02, determine whether the true rate is higher than originally thought. What is the conclusion of this test? Select your answer from the following choice. Choice A; Do not reject Ho and conclude that there’s no evidence that the true mean is not higher than thought. Choice B: Reject Ho and conclude that the true mean is higher than thought. Choice C: Do not reject Ho and conclude that the true mean has not changed.  Choice D: Reject Ho and conclude that the true mean is lower than thought.