Question: Let's say you are an operations analyst for a medium size technology firm. You have built an inspection model for the circuit component that your

Let's say you are an operations analyst for a medium size technology firm. You have built an inspection model for the circuit component that your firm manufactures. This model is fairly reliable; it yields correct output most of the times

(

but not always

) .

Following your model one of the perfectly fine items has failed in the inspection. It is a Type I error.Hint: Null Hypothesis of your model rejects the component. Question

2

options:TrueFalse

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