Multiple Choice
Travelocity would like to test if the average roundtrip airfare between New York and London is less than $1,400. A Type I error would occur if Travelocity concludes that the average airfare is __________________________________________.
A) $1,400 or more when, in reality, the average airfare is less than $1,400
B) less than $1,400 when, in reality, the average airfare is $1,400 or more
C) not equal to $1,400 when, in reality, the average airfare is equal to $1,400
D) equal to $1,400 when, in reality, the average airfare is not equal $1,400 or more
Correct Answer:

Verified
Correct Answer:
Verified
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