Question: For each of the following: a) state the hypotheses b) state the type I & type II errors c) state the consequences of each error

For each of the following:

a) state the hypotheses

b) state the type I & type II errors

c) state the consequences of each error

d) is one more serious? Explain.

A manufacturer of handheld calculators receives very large shipments of printed circuits from a supplier. It is too costly and time-consuming to inspect all incoming circuits, so when each shipmen arrives, a sample is selected for inspection. The shipment is rejected only if the proportion of defective circuits is more than 5% and the entire shipment is returned to the supplier due to inferior quality.

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