Describe type I and type II errors for a hypothesis test of the indicated claim. A lumber store claims that at least 10% of its new customers will return to buy their next order of lumber. Describe the type I error. Choose the correct answer below. O A. A type I error will occur when the actual proportion of new customers who return to buy their next order of lumber is no more than 0.10, but you reject Ho: p≤0.10. OB. A type I error will occur when the actual proportion of new customers who return to buy their next order of lumber is at least 0.10, but you reject Ho: p20.10. OC. A type I error will occur when the actual proportion of new customers who return to buy their next order of lumber is at least 0.10, but you fail to reject Ho: p²0.10. O D. A type I error will occur when the actual proportion f new customers who return t buy their next order of lumber is no more than 0.10, but you fail to reject Ho: p≤0.10.
Describe type I and type II errors for a hypothesis test of the indicated claim. A lumber store claims that at least 10% of its new customers will return to buy their next order of lumber. Describe the type I error. Choose the correct answer below. O A. A type I error will occur when the actual proportion of new customers who return to buy their next order of lumber is no more than 0.10, but you reject Ho: p≤0.10. OB. A type I error will occur when the actual proportion of new customers who return to buy their next order of lumber is at least 0.10, but you reject Ho: p20.10. OC. A type I error will occur when the actual proportion of new customers who return to buy their next order of lumber is at least 0.10, but you fail to reject Ho: p²0.10. O D. A type I error will occur when the actual proportion f new customers who return t buy their next order of lumber is no more than 0.10, but you fail to reject Ho: p≤0.10.
A First Course in Probability (10th Edition)
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ISBN:9780134753119
Author:Sheldon Ross
Publisher:Sheldon Ross
Chapter1: Combinatorial Analysis
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Problem 1.1P: a. How many different 7-place license plates are possible if the first 2 places are for letters and...
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
Transcribed Image Text:Describe type I and type II errors for a hypothesis test of the indicated claim.
A lumber store claims that at least 10% of its new customers will return to buy their next order of lumber.
Describe the type I error. Choose the correct answer below.
A. A type I error will occur when the actual proportion of new customers who return to buy their next order of lumber is no more than 0.10, but you reject Ho: p ≤0.10.
B. A type I error will occur when the actual proportion of new customers who return to buy their next order of lumber is at least 0.10, but you reject Ho: p≥0.10.
C. A type I error will occur when the actual proportion of new customers who return to buy their next order of lumber is at least 0.10, but you fail to reject Ho: p≥0.10.
D. A type I error will occur when the actual proportion of new customers who return to buy their next order of lumber is no more than 0.10, but you fail to reject Ho: p≤0.10.
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