Answer:
For this case we want to test if the the average monthly income of all students at college is at least $2000. Since the alternative hypothesis can't have an equal sign thne the correct system of hypothesis for this case are:
Null hypothesis (H0): [tex]\mu \geq 2000[/tex]
Alternative hypothesis (H1): [tex]\mu <2000[/tex]
And in order to test this hypothesis we can use a one sample t or z test in order to verify if the true mean is at least 200 or no
Step-by-step explanation:
For this case we want to test if the the average monthly income of all students at college is at least $2000. Since the alternative hypothesis can't have an equal sign thne the correct system of hypothesis for this case are:
Null hypothesis (H0): [tex]\mu \geq 2000[/tex]
Alternative hypothesis (H1): [tex]\mu <2000[/tex]
And in order to test this hypothesis we can use a one sample t or z test in order to verify if the true mean is at least 2000 or no
