Travelocity Would Like to Test If the Average Roundtrip Airfare

question 48

Multiple Choice

Travelocity would like to test if the average roundtrip airfare between New York and London is less than $1,400. The correct hypothesis statement for this test would be _.

• A)H₀: µ < $1,400; H₁: µ c $1,400
• B)H₀: µ × $1,400; H₁: µ = $1,400
• C)H₀: µ c $1,400; H₁: µ < $1,400
• D)H₀: µ = $1,400; H₁: µ × $1,400

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