In: Statistics and Probability
8) Errors: Type I and Type II are errors that are possible even when a hypothesis test is done correctly. A hypothesis test is based on probabilities (p-values) This means there is always a probability of drawing the wrong conclusion even when done correctly. Please review the following:
a.) What are type I and type II errors?
b.) Be able to discuss what a type I or type II error is in a given scenario
c.) What is the relationship between alpha, beta and the sample size?