The mean annual incomes of certified welders are normally distributed with the mean of $50,000 and a standard deviation of $2,000. The ship building association wishes to find out whether their welders earn more or less than $50,000 annually. The alternate hypothesis is that the mean is not $50,000. Which of the following is the alternate hypothesis?
A) H1: π ≠ $50,000
B) H1: µ ≠ $50,000
C) H1: µ < $50,000
D) H1: µ = $50,000
Correct Answer:
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