Refer to the previous exercise When we test H0
Refer to the previous exercise. When we test H0: μ = 0 against Ha: μ > 0, we get a P-value of
0.02.
a. What would the decision be for a significance level of 0.05? Interpret in context.
b. If the decision in part a is in error, what type of error is it?
c. Suppose the significance level were instead 0.01. What decision would you make, and if it is in error, what type of error is it?
Membership TRY NOW
  • Access to 800,000+ Textbook Solutions
  • Ask any question from 24/7 available
    Tutors
  • Live Video Consultation with Tutors
  • 50,000+ Answers by Tutors
OR
Relevant Tutors available to help