To test your friend's claim about his average exam score, we can set up the hypotheses as follows:
Null Hypothesis (H0): Your friend's average exam score is 95%.
Mathematically, this can be stated as:
H0: μ = 95
Alternative Hypothesis (Ha): Your friend's average exam score is not 95%.
Mathematically, this can be stated as:
Ha: μ ≠ 95
Given a significance level of 7% (α = 0.07) and a p-value of 0.049, we can make a decision.
Conclusion: Since the p-value (0.049) is less than the significance level (0.07), we reject the null hypothesis (H0).
Therefore, the correct answer is: B. You conclude that your friend doesn't average a 95% on his exams.