Charles savings and loan is testing the hypothesis that the

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Charles savings and loan is testing the hypothesis that the portion of deposit slips which are filled out incorrectly is 1%.

What is the null hypothesis?

Under what circumstances will the L U S & L incur a TYPE 1 error?

Under what circumstances will the L U S & L incur a TYPE II error?

Describe the statistical test that you would design for this hypothesis.

Reference no: EM13636412

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