Suppose that BC financial aid allots a textbook stipend by claiming that the average textbook at BC bookstore costs 87.96. You want to test this claim.
The null and alternative hypothesis in symbols would be:A) $H_0: μ ≥ 87.96$ $H_a: μ < 87.96$B) $H_0: μ = 87.96$ $H_a: μ ≠ 87.96$C) $H_0: p ≤ 87.96$ $H_a: p > 87.96$D) $H_0: p ≥ 87.96$ $H_a: p <…