10^4 is greater than 1,000.
Answer:
It should be the second one
Step-by-step explanation:
Answer:
♀ I- I'm not sure how to explain
Answer:
Null Hypothesis: H0:μ ≤ 16.8
Alternative Hypothesis: Ha: μ > 16.8
Step-by-step explanation:
We are told that affer testing the hypothesis (at the 5% level of significance), that the average price-earnings ratio increased from the past value of 16.8.
It means that the past value was not more than 16.8.
This follows that the null hypothesis is given as;
H0:μ ≤ 16.8
And since it has been discovered that the ratio increased from the past value of 16.8, the alternative hypothesis is;
Ha: μ > 16.8