Based on the calculations, we conclude that the test statistic is \( Z \approx -1.4882 \) and the P-value is \( 0.1367 \). Since the P-value \( 0.1367 \) is greater than the significance level \( \alpha = 0.02 \), we fail to reject the null hypothesis.
Thus, the answer is:
\[
\boxed{H_0: \mu = 50}
\]