Your investment executive claims that the average yearly rate of return on the stocks she recommends is at least 10.0%. You plan on taking a sample to test her claim. The correct set of hypotheses is A)H₀: $\mu$ 10.0% C)H₀: $\mu$ 10.0% H_a: $\mu$ 10.0% D)H₀: $\mu$ 10.0% H_a: $\mu$

Question

Your investment executive claims that the average yearly rate of return on the stocks she recommends is at least 10.0%. You plan on taking a sample to test her claim. The correct set of hypotheses is A)H₀: $\mu$ < 10.0% H_a:$\mu$ 10.0% B)H₀:$\mu$ 10.0% H_a: $\mu$> 10.0% C)H₀: $\mu$ > 10.0% H_a: $\mu$ 10.0% D)H₀: $\mu$ 10.0% H_a: $\mu$ < 10.0%

Quizplus · Accepted Answer

The Answer of Your investment executive claims that the average yearly rate of return on the stocks she recommends is at least 10.0%. You plan on taking a sample to test her claim. The correct set of hypotheses is A)H₀: $\mu$ < 10.0% H_a:$\mu$ 10.0% B)H₀:$\mu$ 10.0% H_a: $\mu$> 10.0% C)H₀: $\mu$ > 10.0% H_a: $\mu$ 10.0% D)H₀: $\mu$ 10.0% H_a: $\mu$ < 10.0%

Your Investment Executive Claims That the Average Yearly Rate of Return