just part c thank you! $ 243765H1: H(Type integers or decimals. Do not round.)(b) Which of the following is a Type I error?A. The broker rejects the hypothesis that the mean price is $243,765,...

just part c thank you!

Extracted text: Three years ago, the mean price of an existing single-family home was $243,765. A real estate broker believes that existing home prices in her neighborhood are higher. (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 Il error. > $ 243765 H1: H (Type integers or decimals. Do not round.) (b) Which of the following is a Type I error? A. The broker rejects the hypothesis that the mean price is $243,765, when it is the true mean cost. O B. The broker fails to reject the hypothesis that the mean price is $243,765, when the true mean price is greater than $243,765. O C. The broker fails to reject the hypothesis that the mean price is $243,765, when it is the true mean cost. O D. The broker rejects the hypothesis that the mean price is $243,765, when the true mean price is greater than $243,765. (c) Which of the following is a Type Il error? O A. The broker fails to reject the hypothesis that the mean price is $243,765, when the true mean price is greater than $243,765. O B. The broker rejects the hypothesis that the mean price is $243,765, when it is the true mean cost. O C. The broker rejects the hypothesis that the mean price is $243,765, when the true mean price is greater than $243,765. O D. The broker fails to reject the hypothesis that the mean price is $243,765, when it is the true mean cost.