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$$\leq$ 10.0%. D) H₀: $\mu$ $\geq$ 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$$\geq$ 10.0%. B) H₀: $\mu$ $\leq$ 10.0% H_a: $\mu$ > 10.0%. C) H₀: $\mu$> 10.0% H_a: $\mu$$\leq$ 10.0%. D) H₀: $\mu$ $\geq$ 10.0% H_a: $\mu$ < 10.0%.

Quizplus · Accepted Answer

The null hypothesis (H0) should reflect the claim being tested, which is that the average rate is at least 10.0%. The alternative hypothesis (Ha) is that the average rate is less than 10.0%.

Your Investment Executive Claims That the Average Yearly Rate of Return