3. After evaluating the p-value, we failed to reject Ho, the results are not statistically significant. What type of error could we have made if we made one v [ Select ] Power Туре I Туре I

MATLAB: An Introduction with Applications
6th Edition
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Author:Amos Gilat
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7. Answer question 3

3. After evaluating the p-value, we failed to reject Ho, the results are
not statistically significant. What type of error could we have
made if we made one
v [ Select ]
Power
Туре I
Type II
Transcribed Image Text:3. After evaluating the p-value, we failed to reject Ho, the results are not statistically significant. What type of error could we have made if we made one v [ Select ] Power Туре I Type II
We would like to assess if the population mean annual gross salary (in
$1000s) for adults with a Bachelor's degree or higher is more than the
population mean annual gross salary (in $1000S) for adults with at
most a high school diploma.
Transcribed Image Text:We would like to assess if the population mean annual gross salary (in $1000s) for adults with a Bachelor's degree or higher is more than the population mean annual gross salary (in $1000S) for adults with at most a high school diploma.
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