Suppose a new production method will be implemented if a hypothesis test supports the conclusion that the new method reduces the mean operating cost per hour. a. State the appropriate null and alternative hypotheses if the mean cost for the current production method is $225 per hour. Ho: u Select your answer - 225 H.ulsalect your answer - V 225 ot Answered U. WTatTS me Type I error in this situation? Claiming A-Select your answer - V 225 when the new method Select your answer V lower costs. What are the consequences of making this error? A mistake could be implementing the method when it Select your answer - V help. c. What is the Type II error in this situation? Claiming Select your answer - V 225 when the new method Select your answer - V lower costs. What are the consequences of making this error? This could lead to not implementing a method that Select your answer -Y lower costs.
Suppose a new production method will be implemented if a hypothesis test supports the conclusion that the new method reduces the mean operating cost per hour. a. State the appropriate null and alternative hypotheses if the mean cost for the current production method is $225 per hour. Ho: u Select your answer - 225 H.ulsalect your answer - V 225 ot Answered U. WTatTS me Type I error in this situation? Claiming A-Select your answer - V 225 when the new method Select your answer V lower costs. What are the consequences of making this error? A mistake could be implementing the method when it Select your answer - V help. c. What is the Type II error in this situation? Claiming Select your answer - V 225 when the new method Select your answer - V lower costs. What are the consequences of making this error? This could lead to not implementing a method that Select your answer -Y lower costs.
Glencoe Algebra 1, Student Edition, 9780079039897, 0079039898, 2018
18th Edition
ISBN:9780079039897
Author:Carter
Publisher:Carter
Chapter10: Statistics
Section10.3: Measures Of Spread
Problem 1GP
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Transcribed Image Text:Suppose a new production method will be implemented if a hypothesis test supports the conclusion that the new method reduces the mean operating cost per hour.
a. State the appropriate null and alternative hypotheses if the mean cost for the current production method is $225 per hour.
Ho:
Select your answer
225
H.
Calect your answer-
225
lot Answered
D: WlacTS Tne Type I error in this situation?
Claiming -Select your answer
v225 when the new method
Select your answer -
V lower costs.
What are the consequences of making this error?
A mistake could be implementing the method when it
Select your answer
v help.
c. What is the Type II error in this situation?
Claiming #
Select your answer
v 225 when the new method
Select your answer-
v | lower costs.
What are the consequences of making this error?
This could lead to not implementing a method that
Séléct your answer -V
lower costs.
0=Icon Key
Exercise 09.08 Algo (Type I and Type II Errors)
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12
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