Question: Water pipe to be used in certain application is required to have a mean breaking strength of more than 2000 pounds per foot. A test

Water pipe to be used in certain application is required to have a mean breaking strength of more than 2000 pounds per foot. A test is made of 0: = 2000 vs. 1: > 2000. (1 point each) (Answers of "False Positive" or "False Negative" aren't sufficient. a. What would a Type I error be in this scenario, specific to this real-life problem? b. What are the consequences of a Type I error, specific to this problem? c. What would a Type II error be in this scenario, specific to this problem? d. What are the consequences of a Type II error, specific to this problem?

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