[Steps Shown] *** Describe and tell me the difference between a Type 1 and Type 2 error. Which error is directly related to your alpha? Which error is also


Question: *** Describe and tell me the difference between a Type 1 and Type 2 error. Which error is directly related to your alpha? Which error is also called your beta? When your answer is more conservative, does your error rate go up or down? Give an example of two alphas and tell me which one is the more conservative choice. Complete the "truth" table below and describe your completed table.

Statistical Decision True State of the Null Hypothesis
H0 True H0 False
Reject H0 Type I error Correct
Do not Reject H0 Correct Type II error

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