The Department of Education Would Like to Test the Hypothesis $$\bar { x }$$

Multiple Choice

The Department of Education would like to test the hypothesis that the average debt load of graduating students with a Bachelor's degree is equal to $17,000. A random sample of 34 students had an average debt load of $18,200. It is believed that the population standard deviation for student debt load is $4,200. The Department of Education would like to set ? = 0.05. The correct hypothesis statement for this hypothesis test would be _____

A) H₀: µ × $17,000; H₁: µ = $17,000.
B) H₀: µ c $17,000; H₁: µ < $17,000.
C) H₀: µ = $17,000; H₁: µ × $17,000.
D) H₀: $$\bar { x }$$ = $17,000; H₁: $$\bar { x }$$ ×$17,000.