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Determine both Type I and Type II errors for the following scenario:
Assume a null hypothesis, H0, that states the percentage of adults with jobs is at least 88%. Identify the Type I and Type II errors from these four statements.
a. Not to reject the null hypothesis that the percentage of adults who have jobs is at least 88% when that percentage is actually less than 88%
b. Not to reject the null hypothesis that the percentage of adults who have jobs is at least 88% when the percentage is actually at least 88%.
c. Reject the null hypothesis that the percentage of adults who have jobs is at least 88% when the percentage is actually at least 88%.
d. Reject the null hypothesis that the percentage of adults who have jobs is at least 88% when that percentage is actually less than 88%.
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Absolutely lost on how to determine what is being asked in below problem. Need to calculate the covariance and correlation between X and Y
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