In: Statistics and Probability
You are testing Ho: p : 20% at 5DA significance level.
You have collected the data and the p-value was 6%. As a good
student of QM, your report declares that there
justification to reject the null hypothesis. Your client says that
such a declaration has no meaning - either accept or reject the
null hypothesis. If the null hypothesis is accepted there is
a chance that you may be making an enor. Explain why you cannot
compute the probability of making an error when the null hypothesis
is accepted- j5M]