In: Statistics and Probability
For each conjecture below, you are to describe in words what Ho and H a are. Consider the decision that you have to make based upon your conjectures. Then make a chart similar to the ones I created and fill in words what the Type I and Type II errors mean. Finally, describe the ramifications of making these errors within the context of the problem and describe which of the 2 errors are worse (in your opinion).
1. It is believed that a new drug can cure a cold.
2. The teacher will never check homework today.
3. In a big store like Walmart, they will never catch me if I shoplift.
4. Saddam Hussein has weapons of mass destruction. (this was the conjecture several years ago)
5. If I try to learn to ski, I will end up hurting myself.
6. I won’t apply to the University of Pennsylvania because I am sure I’ll never get in.
7. There might be a bomb in the school because someone called in a threat. We should evacuate.
8. Heaven and Hell exist