In Order to Test the Following Hypotheses at an α

question 71

Multiple Choice

In order to test the following hypotheses at an α level of significance ​
H₀: μ 800
H_a: μ > 800
​
The null hypothesis will be rejected, if the test statistic z is

• A) zα.
• B) < z_α.
• C) < -z_α.
• D) = α.

---

Definitions:

Buyer

An individual or entity that purchases goods or services from a seller in exchange for monetary payment or other consideration.

Grantor

The person or legal entity that creates a trust, conveys property, or grants a right.

Existing Mortgage

A mortgage that is currently in place on a property, affecting its sale, transfer, or refinancing.

Mortgagor

An individual or entity who borrows money to purchase property and pledges that property as collateral for the loan.