Find the Null and alternate hypothesis from the following problem.
An independent financial advisor claims an average rate of return, μ, on a particular investment is at least 7 percent In testing her claim, the correct pair of hypotheses is:
(1) H_{0}: μ < 7%, H_{1}: μ ≥ 7%
(2) H_{0}: μ ≤ 7%, H_{1}: μ ≥ 7%
(3) H_{0}: μ ≥ 7%, H_{1}: μ ≤ 7%
(4) H_{0}: μ ≥ 7%, H_{1}: μ < 7%
(5) H: μ > 7%, H: μ ≤ 7%