Travelocity would like to test if the average roundtrip airfare between New York and London is less than $1,400. A Type I error would occur if Travelocity concludes that the average airfare is a. $1,400 or more when, in reality, the average airfare is less than $1,400. O b. equal to $1,400 when, in reality, the average airfare is not equal $1,400 or more. O c. not equal to $1,400 when, in reality, the average airfare is equal to $1,400. O d. less than $1,400 when, in reality, the average airfare is $1,400 or more.

MATLAB: An Introduction with Applications
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Author:Amos Gilat
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Chapter1: Starting With Matlab
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Travelocity would like to test if the average
roundtrip airfare between New York and
London is less than $1,400. A Type I error would
occur if Travelocity concludes that the average
airfare is
a. $1,400 or more when, in reality, the
average airfare is less than $1,400.
b. equal to $1,400 when, in reality, the
average airfare is not equal $1,400 or
more.
C.
not equal to $1,400 when, in reality, the
average airfare is equal to $1,400.
d. less than $1,400 when, in reality, the
average airfare is $1,400 or more.
Transcribed Image Text:Travelocity would like to test if the average roundtrip airfare between New York and London is less than $1,400. A Type I error would occur if Travelocity concludes that the average airfare is a. $1,400 or more when, in reality, the average airfare is less than $1,400. b. equal to $1,400 when, in reality, the average airfare is not equal $1,400 or more. C. not equal to $1,400 when, in reality, the average airfare is equal to $1,400. d. less than $1,400 when, in reality, the average airfare is $1,400 or more.
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