Question

# CoStar would like to test if the vacancy rate for "warehouse" stores is more than 8%....

CoStar would like to test if the vacancy rate for "warehouse" stores is more than 8%. A type 1 error would occur if CoStar concludes that the vacancy rate was
A: not equal to 8% when, in reality, the proportion was equal to 8%
B: 8% or less when, in reality, the proportion was more than 8%
C: equal to 8% when, in reality, the proportion was 8% or less
D: more than 8% when, in reality, the proportion was 8% or less

TOPIC:Errors in the context of hypothesis testing.

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