What is the alternative hypothesis for this hypothesis test?

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What is the alternative hypothesis for this hypothesis test?

Later, answer the following questions:

  • After the enactment of the Sarbanes-Oxley Act, was the average bank’s ROE lower than it was before the act? If so, why do you think that was the case?
  • What is the null hypothesis for this hypothesis test?
  • What is the alternative hypothesis for this hypothesis test?
  • Choose at least three different significant levels to conduct the hypothesis test. Is it possible that a Type I error occurred with the hypothesis test? Why or why not?
  • Is it possible that a Type II error occurred? Why or why not?

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