Answer: Null Hypothesis [tex]H_{0}[/tex]: p = 0.18
Alternative Hypothesis [tex]H_{a}[/tex]: p < 0.18
Step-by-step explanation: When doing an experiment, first define the hypotheses you want to test. These hypotheses are Null Hypothesis and Alternative Hypothesis
Null Hypothesis is a general assumption and discloses that there is no relationship between the conditions under consideration. It is the hypothesis the researcher is trying to disprove. It is denoted by the symbol [tex]H_{0}[/tex].
For the college graduate curiosity, the hypothesis the graduate is trying to disprove is that the proportion of students who have loan debt after 20 years of graduation is 18%. Then, Null Hypothesis is [tex]H_{0}[/tex]: p = 0.18
Alternative Hypothesis is the a statement describing a relationship between the collected data. It is what researches try to prove and the results are observations of real causes. It is denoted by the symbol [tex]H_{a}[/tex].
For the graduate study, the alternative is that the proportion is less tahn 18% or 0.18. Then, Alternative Hypothesis: [tex]H_{a}[/tex]: p < 0.18