STA406 GDB 1 Solution Fall 2021
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Null Hypothesis = H0 Alternative Hypothesis = H1
Ø Students in the school score an average of 7 out of 10 in exams.
H0 : µ = 7
Students score an average that
is not equal to 7.
H1 : µ ≠ 7
Ø The mean annual return of the mutual fund is not equal to 8% per annum.
H1 : µ ≠ 8
Mean annual return of the
mutual fund is 8% per annum.
H0 : µ = 8