Elementary Statistics: Picturing the World (6th Edition)

Published by Pearson
ISBN 10: 0321911210
ISBN 13: 978-0-32191-121-6

Chapter 7 - Hypothesis Testing with One Sample - Section 7.1 Introduction to Hypothesis Testing - Exercises - Page 360: 36

Answer

Type 1 error: If we reject the null hypothesis, $H_{o}: μ < 100$, while the claim that the mean cost of removing a virus infection is less than Dollar 100, is actually true. Type 2 error: If we fail to reject the null hypothesis, $H_{o}: μ < 100$, while the claim that the mean cost of removing a virus infection is less than $100, is actually false.

Work Step by Step

As given above
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