Aplia: Student Question s Sec.01-Fall 2017 Home Grades Personalized Reviews Disc

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Aplia: Student Question s Sec.01-Fall 2017 Home Grades Personalized Reviews Discussion Course Materials Introduction to Hypothesis Testing Graded Assignment | Due Sunday 10.22.17 at 11:45 PM Attempts Keep the Highest: 0/5 2. The logic of hypothesis testing A Burnau of Laber Statistics (BLS) economist conducts a statistical study to test her hunch thet in households with a minimum-wage worker, mean tousehold debt charges following a hike in the minimum The economist does not have access to all the data for She entire population of interest. However, if she did, then she use the data to conduct a hypotesis test. Suppose the economist collects a random sample and decides to conduct a hypothesis test. Fermulate the null and alternative hypotheses. For each statement in the foowing table, cick the cerrect radio button to indicate whether the statement is the mull hypothesis, the alternative hypothesis, or neither. (Hint: This is a nondirectional hypetesis test.) Null Alternative HypothesisHypothesis Neither In households with a minimum-wage worker, mean dobt decreases following a hike in the minimum wage wage worker, mean househol debt stays the same folowing ahike in the minimum In households with a minimum-wage worker debt increases following a hike in the minimum wage In households with a minimum wage dobt changes folowing e hike in the minimum wage worer, maan househole

Explanation / Answer

a) In households with a minimum wage worker, mean household debt decreases following a hike in the minimum wage. This is an alternative hypothesis.

b) In households with a minimum wage worker, mean household debt stays the same following a hike in the minimum wage. This is a null hypothesis.

c) In households with a minimum wage worker, mean household debt increases following a hike in the minimum wage. This is an alternative hypothesis.

d) In households with a minimum wage worker, mean household debt changes following a hike in the minimum wage. This is neither an alternative nor a null hypothesis.

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