Catheters again The catheter company in Exercise 32 isreviewing its testing procedure.a) Suppose the significance level is changed to a = 0.01.Will the probability of a Type II error increase,decrease, or remain the same?b) What is meant by the power of the test the companyconducts?c) Suppose the manufacturing process is slipping out ofproper adjustment. As the actual mean diameter of thecatheters produced gets farther and farther above thedesired 2.00 mm, will the power of the quality controltest increase, decrease, or remain the same?d) What could they do to improve the power of the test?

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Estimation

A new framework of data analysis where the new statistical methods are used for interpreting the results and analyzing the data is known as estimation in statistics.