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QUESTION
what exactly are Type I and Type II errors in statistics?
what exactly are Type I and Type II errors in statistics? If you make a product and ship a bad product to customers, thinking it was good, can you illustrate how this scenario might be either a type I error type II error?
Type I Error: It is the event of rejecting the null hypothesis when it is true.Type II Error: It is the event of accepting the null hypothesis when alternative hypothesis istrue.The given case...