A company has designed a new lithium battery. They conducted a study to see if the new
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A company has designed a new lithium battery. They conducted a study to see if the new battery lasted over two times longer than the average of competitors (μ0) and found that it did. What would be the implication for the company of rejecting the null hypothesis in the study, when in fact the null hypothesis was true?
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Rejecting the null hypothesis when it is actually true is a potential error in hypothesis testing known as a Type I error also referred to as a false ...View the full answer
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Related Book For 
Principles Of Managerial Statistics And Data Science
ISBN: 9781119486411
1st Edition
Authors: Roberto Rivera
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