Question: When using Altman's Z-Score a Type I error occurs when: The company's Z-score indicates the company is healthy, and the company goes bankrupt. The company's

When using Altman's Z-Score a Type I error occurs when:

The company's Z-score indicates the company is healthy, and the company goes bankrupt.

The company's Z-score indicates the company will go bankrupt, and the company stays healthy

The company's Z-score indicates the company is healthy, and the company stays healthy.

The company's Z-score indicates the company will go bankrupt, and the company stays bankrupt.

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