Appropriate hypotheses for average flight cost

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Reference no: EM1386347

It is reported in USA Today that the average flight cost nationwide is $342.59. You have never paid close to that amount and you want to perform a hypothesis test that the true average is actually less than $342.59. What are the appropriate hypotheses for this test?

1) HO: μ ≥ 342.59
HA: μ < 342.59

2) HO: μ > 342.59
HA: μ ≤ 342.59

3) HO: μ < 342.59
HA: μ ≥ 342.59

4) HO: μ = 342.59
HA: μ ≠ 342.59

5)HO: μ ≤ 342.59
HA: μ > 342.59

Reference no: EM1386347

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