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A loan officer claims that the average interest rate that compounds annually on a five-year loan is greater than 5.75 percent. If the loan officer

A loan officer claims that the average interest rate that compounds annually on a five-year loan is greater than 5.75 percent. If the loan officer wants to conduct ahypothesis test, should theyuse a left-, right-, or two-tailed hypothesis test to analyze whether the average interest rate that compounds annually on a five-year loan is greater than 5.75 percent?

Select the correct answer below:

Left-tailed test

Right-tailed test

Two-tailed test

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