[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 |
Price: $2.99
Solution: The downloadable solution consists of 1 pages
Deliverable: Word Document 