For the given significance test, explain the meaning of a Type II error. A certain academic program boasts that 87% of their graduates find full-time employment in their field within the first year of graduation. The academic director is concerned that market factors may have adversely affected the full-time placement rate and decides to perform a Hypothesis Test to see if her concern is warranted. Ho: p 0.87 H1: p<0.87 In this situation, explain the meaning of a Type Il error. O The academic director concludes that the placement rate has decreased as a result of market factors. The academic director does not conclude that the placement rate has decreased when it has actually increased. O The academic director concludes that the placement rate has decreased when it actually has not. The academic director does not conclude that the placement rate has decreased when it actually has. Not concluding that the proportion is equal to 0.72 when it actually is. Question 12
For the given significance test, explain the meaning of a Type II error. A certain academic program boasts that 87% of their graduates find full-time employment in their field within the first year of graduation. The academic director is concerned that market factors may have adversely affected the full-time placement rate and decides to perform a Hypothesis Test to see if her concern is warranted. Ho: p 0.87 H1: p<0.87 In this situation, explain the meaning of a Type Il error. O The academic director concludes that the placement rate has decreased as a result of market factors. The academic director does not conclude that the placement rate has decreased when it has actually increased. O The academic director concludes that the placement rate has decreased when it actually has not. The academic director does not conclude that the placement rate has decreased when it actually has. Not concluding that the proportion is equal to 0.72 when it actually is. Question 12
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![For the given significance test, explain the meaning of a Type II error.
A certain academic program boasts that 87% of their graduates find full-time
employment in their field within the first year of graduation. The academic director
is concerned that market factors may have adversely affected the full-time
placement rate and decides to perform a Hypothesis Test to see if her concern is
warranted.
Ho: p 0.87
H1: p<0.87
In this situation, explain the meaning of a Type Il error.
O The academic director concludes that the placement rate has decreased as a
result of market factors.
The academic director does not conclude that the placement rate has decreased
when it has actually increased.
O The academic director concludes that the placement rate has decreased when it
actually has not.
The academic director does not conclude that the placement rate has decreased
when it actually has.
Not concluding that the proportion is equal to 0.72 when it actually is.
Question 12](/v2/_next/image?url=https%3A%2F%2Fcontent.bartleby.com%2Fqna-images%2Fquestion%2Fd48f2eca-a7b9-400d-909f-223555270fa2%2F517e2ea6-8edf-4076-b5d7-cdcce847fd73%2Fe2wru2o.jpeg&w=3840&q=75)
Transcribed Image Text:For the given significance test, explain the meaning of a Type II error.
A certain academic program boasts that 87% of their graduates find full-time
employment in their field within the first year of graduation. The academic director
is concerned that market factors may have adversely affected the full-time
placement rate and decides to perform a Hypothesis Test to see if her concern is
warranted.
Ho: p 0.87
H1: p<0.87
In this situation, explain the meaning of a Type Il error.
O The academic director concludes that the placement rate has decreased as a
result of market factors.
The academic director does not conclude that the placement rate has decreased
when it has actually increased.
O The academic director concludes that the placement rate has decreased when it
actually has not.
The academic director does not conclude that the placement rate has decreased
when it actually has.
Not concluding that the proportion is equal to 0.72 when it actually is.
Question 12
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