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What are the alternative and null hypotheses for a choice that affects a person's personal or professional life? Keep in mind that when explaining the

What are the alternative and null hypotheses for a choice that affects a person's personal or professional life? Keep in mind that when explaining the null hypothesis in a hypothesis test, the "equals" element correlates to the null hypothesis, thus you can have less than or equal to, more than or equal to, or just equal to. In respect to the null criteria, the alternative hypothesis will then be larger than, less than, or not equal to. View the three alternative setups' symbolic representations below. 1. 0 for H0 and < < 0 for Ha 2. Ha: ( > 0; H0: ( 0) 3. = 0 for H0; 0 for Ha Keep in mind that a hypothesis test must be set up in a way that makes it testable, so make sure to present it in the way that you are evaluating the 0 value. Please list the Type I and Type II mistakes that could happen in your hypothetical decision-making process.

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