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An economist is studying fuel price projections. It is known that the average annual fuel price increase is 2.9 percent. Due to recently signed international
An economist is studying fuel price projections. It is known that the average annual fuel price increase is 2.9 percent. Due to recently signed international deals, the economist believes the average annual fuel price increase has decreased in recent years. What are the hypotheses? Fill in the blanks with the correct symbol (=,,<, or >) to represent the correct hypothesis. Provide your answer below: null hypothesis : $\mu$ 2.9 alternative hypothesis : $\mu$ 2.9
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