Question: Q-3) You have learnt about the possible errors that might result from the hypothesis tests. What type of error is more expensive for Random motors
Q-3) You have learnt about the possible errors that might result from the hypothesis tests. What type of error is more expensive for Random motors based on the hypothesis they are testing? Why? Assume that you need to refund all your customers if your cars deviate from specifications.

The type of error which is more expensive:
Reason:
Type 1 error or Type 2 error Why?
210.9 Rocinante 36 Marengo 32 Car No. Mileage (kmilto Top speed (km/h) Car No. Mileage (kmilto Top speed (km/h) 1 21.2 151.9 1 15.04 211.3 2 21.79 147.6 2 15.41 207 3 21.87 145.6 3 15.43 206.2 4 22.71 136.1 4 15.92 213.4 5 22.52 139.7 5 15.2 204.2 6 21.41 146.1 6 15.22 208.7 7 22.71 139.6 7 14.6 200 8 21.71 143 8 14.41 9 19.95 136.4 9 14.79 208.5 10 20.65 146.6 10 14.81 214.2 11 22.86 139.9 11 15.61 215.8 12 21.12 136.6 12 15.76 215.8 13 22.8 148.5 13 14.97 215.2 14 20.89 143.4 14 14.71 218.7 15 22.49 134.2 15 15.55 208 16 20.94 140.5 16 15.19 212.2 17 20.37 137.8 17 15.36 219.7 18 22.72 135.1 18 15.93 19 20.54 138.8 19 14.54 205.8 20 21.14 132 20 14.76 209 216.4Step by Step Solution
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