Data Were Collected from the Sale of 25 Properties by a Local

Multiple Choice

Data were collected from the sale of 25 properties by a local real estate agent. The following printout concentrated on the land value variable from the sampled properties. HYPOTHESIS: MEAN $X = x$


SD. ERROR $= 3308.43$
Suppose we are interested in testing whether the mean land value from this neighborhood differs from 42,782 . Which hypotheses would you test?

A) $H _ { 0 } : \mu \neq 42,782$ vs. $H _ { \mathrm { a } } : \mu = 42,782$
B) $H _ { 0 } : \mu = 42,782$ vs. $H _ { \mathrm { a } } : \mu < 42,782$
C) $H _ { 0 } : \mu = 42,782$ vs. $H _ { \mathrm { a } } : \mu > 42,782$
D) $H _ { 0 } : \mu = 42,782$ vs. $H _ { \mathrm { a } } : \mu \neq 42,782$