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Suppose a statistician named Big Daddy thinks that the average monthly electric bill for Houston in August is more than $150. Using sample data from a normal population, Big Daddy obtains a test statistic of z = 1.06. Determine the P-value and state the conclusion at the 5% level of significance. (7.2) 0.2892; There is not sufficient evidence that the average monthly bill is more than $150.0.1446; There is sufficient evidence that the average monthly bill is more than $150.0.2892; There is sufficient evidence that the average monthly bill is more than $150.0.1446; There is not sufficient evidence that the average monthly bill is more than $150.

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