What is the null hypothesis that should be used to evaluate the model?

Your risk analysis team has access to new customer financial data. You want to use this data to improve your prediction of credit default. Previously, the team was using only credit bureau scores, loan size, and customer income to assess risk of default.

What is the null hypothesis that should be used to evaluate the model?
A . New model predicts as well as the toss of a coin weighted by the average default rate
B . New model predicts better than the toss of a coin weighted by the average default rate
C . Model using the new financial data predicts the outcome just as well as the previous model
D . Model using the new financial data predicts the outcome better than the previous model

Answer: C