The National Association of Realtors reported that 26% of home buyers in the state of Florida are foreigners. When testing the validity of this report, a Type I error would occur if it was concluded that the proportion of foreign buyers was ______ .
A) more than 26% when, in reality, the proportion was 26% or less.
B) 26% or less when, in reality, the proportion was more than 26%.
C) not equal to 26% when, in reality, the proportion was equal to 26%.
D) equal to 26% when, in reality, the proportion was not equal to 26%.
Correct Answer:
Verified
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