A "go error" and a "drop error" have the same cost and probability dimensions.

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Quizplus · Accepted Answer

A "go error" (Type I error) and a "drop error" (Type II error) do not have the same cost and probability dimensions. A Type I error occurs when a true null hypothesis is incorrectly rejected, while a Type II error occurs when a false null hypothesis fails to be rejected. The costs and probabilities associated with these errors are context-dependent and can vary significantly.

A "Go Error" and a "Drop Error" Have the Same