For students who first enrolled in two year public institutions in a recent semester, the proportion who earned a bachelor's degree within six years was 0 388. The president of a certain college believes that the proportion of students who enroll in her institution have a lower completion rate. (a) Determine the null and alternative hypotheses (b) Explain what it would mean to make a Type I error. (c) Explain what it would mean to make a Type II error (a) State the hypotheses Ho Hy (Type integers or decimals. Do not round.) (b) Which of the following is a Type I error? O A. The president rejects the hypothesis that the proportion of students who earn a bachelor's degree within six years is 0.388, when, in fact, the proportion is less than 0 388 O B. The president rejects the hypothesis that the proportion of students who earn a bachelor's degree within six years is 0388, when, in fact, the proportion is 0.388 O C. The president fails to reject the hypothesis that the proportion of students who earn a bachelor's degree within six years is 0.388, when, in fact, the proportion is 0.388 O D. The president fails to reject the hypothesis that the proportion of students who earn a bachelor's degree within six years is 0.388, when, in fact, the proportion is less than 0 388. (c) Which of the following is a Type II error? O A. The president rejects the hypothesis that the proportion of students who earn a bachelor's degree within six years is 0.388, when, in fact, the proportion is 0.388. O B. The president rejects the hypothesis that the proportion of students who earn a bachelor's degree within six years is 0.388, when, in fact, the proportion is less than 0. 388. O C. The president fails to reject the hypothesis that the proportion of students who earn a bachelor's degree within six years is 0.388, when, in fact, the proportion is less than 0.388. O D. The president fails to reject the hypothesis that the proportion of students who earn a bachelor's degree within six years is 0.388, when, in fact, the proportion is 0 388