Explain Type I and Type II Errors
-The mean cost of textbooks for one class is greater than $160. Identify the type I and type II errors for the hypothesis test of this claim.

Name: Explain Type I and Type II Errors -The mean cost of textbooks for one class is greater than $160. Identify the type I and type II errors for the hypothesis test of this claim.
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Question

Quizplus · Accepted Answer

The Answer is type I: rejecting

\mathrm { H } _ { 0 } : \mu = \$ 160

when

\mu \leq \$ 160

type II: failing to reject

\mathrm { H } _ { 0 } : \mu = \$ 160

when

\mu > \$ 160