Author Question: In this test, what would be a Type I error? What will be an ideal ... (Read 28 times)

vicky

  • Hero Member
  • *****
  • Posts: 586
In this test, what would be a Type I error?
 
  What will be an ideal response?

Question 2

What is the cumulative net profit generated at the end of the third year?
 
  A) (696,400,000 )
  B) (494,942,298 )
  C) 1,270,950,988
  D) 153,894,400



alexanderhamilton

  • Sr. Member
  • ****
  • Posts: 334
Answer to Question 1

The type I error would be concluding that the standard deviation is < .05 inches when it is really  0.05 inches.

Answer to Question 2

B



Related Topics

Need homework help now?

Ask unlimited questions for free

Ask a Question

vicky

  • Hero Member
  • *****
  • Posts: 586

alexanderhamilton

  • Sr. Member
  • ****
  • Posts: 334
Great! Please up vote :D



 

Did you know?

A recent study has found that following a diet rich in berries may slow down the aging process of the brain. This diet apparently helps to keep dopamine levels much higher than are seen in normal individuals who do not eat berries as a regular part of their diet as they enter their later years.

Did you know?

Illicit drug use costs the United States approximately $181 billion every year.

Did you know?

Asthma attacks and symptoms usually get started by specific triggers (such as viruses, allergies, gases, and air particles). You should talk to your doctor about these triggers and find ways to avoid or get rid of them.

Did you know?

Hyperthyroidism leads to an increased rate of metabolism and affects about 1% of women but only 0.1% of men. For most people, this increased metabolic rate causes the thyroid gland to become enlarged (known as a goiter).

Did you know?

About 3.2 billion people, nearly half the world population, are at risk for malaria. In 2015, there are about 214 million malaria cases and an estimated 438,000 malaria deaths.

For a complete list of videos, visit our video library