According to a report published last year by Pew Research, 23% of all American adults lived in a middle-class household. This year, an economist collected data from a random sample of 1425 American adults in order to determine if the percent of American adults who live in a middle-class household is lower than 23%. State the hypotheses and explain the possible Type 1 and Type 2 errors. Determine the null and alternative hypotheses: ? ? ? ? A Type I error in the context of this problem would be: Select an answer A Type II error in the context of this problem would be: Select an answer Question HelpQuestion 11: Video1