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Write the null and alternative hypotheses for the following example. Determine i

ID: 3174610 • Letter: W

Question

Write the null and alternative hypotheses for the following example. Determine if the example is a case of a two-tailed, a left-tailed, or a right-tailed test. To test if the mean credit card debt of college seniors is less than 1000 dollars.

H0: =1000 dollars, H1: <1000 dollars, right-tailed test

H0: =1000 dollars, H1: <1000 dollars, left-tailed test

H0: =1000 dollars, H1: 1000 dollars, two-tailed test

H0: =1000 dollars, H1: >1000 dollars, left-tailed test

H0: =1000 dollars, H1: >1000 dollars, right-tailed test

Explanation / Answer

Option-B) H0: =1000 dollars, H1: <1000 dollars, left-tailed test