type 1 and type 2
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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type 1 and type 2

Transcribed Image Text:**Hypothesis Testing Errors: Understanding Type 1 and Type 2 Errors**
**Scenario:**
The mean cost of textbooks for one class is greater than $130. Identify the type 1 and type 2 errors for the hypothesis test of this claim.
**Type 1 Error:**
- **Description:** Occurs when you incorrectly reject the null hypothesis.
- **Example Option:** You say the mean cost of the textbooks is greater than $130, but in reality, they are actually $130.
**Type 2 Error:**
- **Description:** Occurs when you fail to reject the null hypothesis when it is false.
- **Example Option:** You say the mean cost of the textbooks is $130, but in reality, they are greater than $130.
Understanding these errors helps in correctly interpreting the results of hypothesis testing and making informed decisions based on statistical data.

Transcribed Image Text:The image displays a section of an educational website related to hypothesis testing. The task is to identify Type 1 and Type 2 errors for the following hypothesis claim:
**Claim:** The mean cost of textbooks for one class is greater than $130.
There is a dropdown menu labeled "Type 1" with options to select one of the following statements:
- You say the mean cost of the textbooks is $130, but in reality, they are greater than $130.
- You say the mean cost of the textbooks is greater than $130, but in reality, they are actually $130.
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