Several years ago, a government agency reported the default rate (the proportion

Question

Several years ago, a government agency reported the default rate (the proportion of browsers who default on their loans) on a certain type of loan at 0.045. Set up the null and alternative hypotheses to determine if the default rate this year is greater than 0.045. What are the correct null and alternative hypotheses to test the claim that the default rate this year is greater than year? H_0: p notequalto 0.045 H_a: p = 0.045 H_0: p = 0.045 H_a: p 0.045 H_0: p = 0.045 H_a: p notequalto 0.045 H_0: p 0.045 H_a: p = 0.045

Explanation / Answer

Sol:

claim is default rate is greater than this year

null hypothesis:

H0:p=0.045

Alternative Hypothesis

Ha:p>0.045

ANSWER C

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