A bureau of Labor statistics BLS economist conducts a statis

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

Solution

As the claim is that the household debt increases, then that is the alterntative hypothesis.

Therefore, if uo is the debt before the hike,

Ho: u <= uo
Ha: u > uo

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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.

[NEITHER]

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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.   
[NEITHER]

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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)

[ALTERNATIVE]

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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.

[NULL]

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A type 1 error is committed if the economist ___________[does conclude, ANSWER]

that the mean household debt incresases following a minimum wage hike, when it actually ____________[does not increase, ANSWER]

following a minimum wage hike. A type 2 error is committed if the economist [does not conclude, ANSWER]

that the mean household debt increases folowing a minimum wage hike when it actually _________[increases, ANSWER]

following a minimum wage hike.