If a test of hypothesis has a Type I error probability ( ) of 0.01, it means that
A) if the null hypothesis is true, you don't reject it 1% of the time.
B) if the null hypothesis is true, you reject it 1% of the time.
C) if the null hypothesis is false, you don't reject it 1% of the time.
D) if the null hypothesis is false, you reject it 1% of the time.
Correct Answer:
Verified
Q4: If the Type I error (
Q9: A Type I error is committed when
A)you
Q10: For a given sample size,the probability of
Q10: For a given level of significance
Q11: Which of the following would be an
Q14: If an economist wishes to determine whether
Q14: If the p-value is less than
Q16: Which of the following would be an
Q16: For a given sample size n,
Q19: If an economist wishes to determine whether
Unlock this Answer For Free Now!
View this answer and more for free by performing one of the following actions
Scan the QR code to install the App and get 2 free unlocks
Unlock quizzes for free by uploading documents