Step 1 :State the hypotheses. The null hypothesis is that the average annual consumption of high fructose corn syrup by a person in the U.S. is 48.8 pounds. The alternative hypothesis is that the average annual consumption is higher than 48.8 pounds. So, $H_{0}: \mu = 48.8$ and $H_{A}: \mu > 48.8$
Step 2 :Calculate the test statistic. The test statistic is calculated as follows: $t = \frac{\bar{x} - \mu}{s / \sqrt{n}}$, where $\bar{x}$ is the sample mean, $\mu$ is the population mean, $s$ is the standard deviation, and $n$ is the sample size. Substituting the given values, we get $t \approx 4.93$
Step 3 :Find the p-value. The p-value is the probability of observing a test statistic as extreme as the one calculated, assuming the null hypothesis is true. In this case, the p-value is approximately 0.0000144
Step 4 :Make a decision. Since the p-value is less than the significance level of 0.10, we reject the null hypothesis. There is enough evidence to conclude that the average annual consumption of high fructose corn syrup by a person in the U.S. is higher than 48.8 pounds
Step 5 :Final Answer: \(\boxed{Reject \: H_{0}}\)