Consider the following statement,
The mean amount of money spent in leisure activities for a 4-number family in the east coast is less than $200 per month.
Suppose that the decision has been to reject the null hypothesis.
A)When is it a wrong decision?
B) What type of error is then made?
The mean amount of money spent in leisure activities for a 4-number family in the east coast is less than $200 per month.
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