ind the following:  a) state the null and alternative hypotheses  b) state the type I & type II errors  c) state the consequences of each error  d) is one more serious? Explain.    A manufacturer of handheld calculators receives very large shipments of printed circuits from a supplier.  It is too costly and time-consuming to inspect all incoming circuits, so when each shipmen arrives, a sample is selected for inspection.  The shipment is rejected only if the proportion of defective circuits is more than 5% and the entire shipment is returned to the supplier due to inferior quality

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