Describe type I and type Il errors for a hypothesis test of the indicated claim.A lumber store claims that no more than 25% 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. Atype l error will occur when the actual proportion of new customers who retum to buy their next order of lumber is no more than 0.25, but you reject Ho: ps 0.25.O B. Atype l error will occur when the actual proportion of new customers who return to buy their next order of lumber is at least 0.25, but you fail to reject Ho: p20.25.O C. Atype l error will occur when the actual proportion of new customers who return to buy their next order of lumber is no more than 0.25, but you fail to reject Ho:ps0.25.O D. Atype I error will occur when the actual proportion of new customers who return to buy their next order of lumber is at least 0.25, but you reject Ho: p20.25.Describe the type Il error. Choose the correct answer below.O A. Atype Il error will occur when the actual proportion of new customers who return to buy their next order of lumber is more than 0.25, but you reject Ho: p20.25.O B. Atype ll error will occur when the actual proportion of new customers who return to buy their next order of lumber is less than 0.25, but you reject Ho: p20.25.OC. Atype Il error will occur when the actual proportionnew customers who return to buy their next order of lumber is less than 0.25, but you fail to reject Ho: ps 0.25.O D. Atype Il error will occur when the actual proportion of new customers who return to buy their next order of lumber is more than 0.25, but you fail to reject Ho: p50.25.

Given statement: A lumber store claims that no more than 25% of its new customers will return to buy…

Answered: Describe type I and type Il errors for…

MATLAB: An Introduction with Applications

6th Edition

ISBN:9781119256830

Author:Amos Gilat

Publisher:Amos Gilat

Chapter1: Starting With Matlab

Section: Chapter Questions

Problem 1P

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Describe type I and type Il errors for a hypothesis test of the i A lumber store claims that no more than 25% of its new custc