In: Statistics and Probability
here is my Null Hypothesis and Alternative Hypothesis:
Null Hypothesis: There is no significant difference in the housing expenses between married and unmarried households.
Alternative Hypothesis: There is a significant difference in the housing expenses between married and unmarried households.
what are the type I and type II errors?
Okay first we have to understand what Type I and Type II errors are:
TYPE I ERROR
A type I error is the rejection of a true null hypothesis
Concluding that 'there is a significant difference in the housing expenses between married and unmarried households' would constitute a Type I error when in reality the null hypothesis "There is no significant difference in the housing expenses between married and unmarried households" is true.
TYPE II ERROR
A type II error is the non-rejection of a false null hypothesis
Concluding that "There is no significant difference in the housing expenses between married and unmarried households" would constitute a type II error when in reality the alternative hypothesis "'there is a significant difference in the housing expenses between married and unmarried households" is true.
Let me know in the comments if anything is not clear. I will reply ASAP! Please do upvote if satisfied!