Which of the following is true about Type I and Type II errors?
I. Type I errors are always worse than Type II errors.
II. The severity of Type I and Type II errors depends on the situation being tested.
III. In any given situation, the higher the risk of Type I error, the lower the risk of Type II error.
A) III only
B) II only
C) I and III
D) I only
E) II and III
Correct Answer:
Verified
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