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Mathematics, 09.04.2020 18:50 nemorinavory3832

A bureau of Labor statistics (BLS) economist conducts a statistical study to test his hunch that in households with a minimum wage worker, mean household ebit increases (spending increases more than income) following a hike in the minimum wage. Fill in the blanks. In households with a minimum wage worker, mean household debt decreases following a hike in the minimum wage is an example of a (null, alternative, neither) hypothesies. In households with a minimum wage worker, mean household debt increases or stays the same following a hike in the minimum wage is an example of a ( null, alternative, neither) hypothesis. In households with a minimum wage worker, mean household debt increases following a hike in the minimum wage is an example of (null, alternative, neither) hypothesis) In households with a minimum wage worker, mean household debt decreased or stays the same following a hike in the minimum wage is an example of a ( null, alternative, neither) hypothesis. A type 1 error is committed if the economist (does not conclude, does conclude) that the mean household debt incresases following a minimum wage hike, when it actually (increaes, does not increase) following a minimum wage hike. A type 2 error is committed if the economist ( does not conclude, does conclude) that the mean household debt increases folowing a minimum wage hike when it actually ( does not increase, increases) following a minimum wage hike.

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