Type one and type two error-avoiding one type or another

Assignment Help Basic Statistics
Reference no: EM13100290

Statistically speaking, we are generally agnostic to which is a bigger problem, type I (false positive) errors or type II (false negative) errors. However, in certain circumstances it may be important to try and put more emphasis on avoiding one or the other.

Can you think of a policy; political, economic, social, or otherwise, that pushes people toward avoiding one type or another?

Reference no: EM13100290

Questions Cloud

Statistics word problem : Your company ships a lot of packages needing quick delivery and short notice. In the past, you have used Speedy Air Delivery Service, but you are beginning to receive complaints from customers who say they are not receiving their packages on time.
Find the associated p-value : She wants to test H0: μ = 0.5 Ha: μ ≠ 0.5 Find the associated P-value. Is the result significant at the 5% level (α = 0.05)? At the 1% level (α = 0.01)?
Relationship between creativity and intrapreneurship : What is the relationship between creativity, intrapreneurship, and innovation? Why are these elements vital to building a knowledge creating organization?
Expected profit and decision tree : As a result of an increase in demand for a town's parking facilities, the owners of a car park are reviewing their business operations. A decision has to be made to choose one of the following options:
Type one and type two error-avoiding one type or another : Can you think of a policy; political, economic, social, or otherwise, that pushes people toward avoiding one type or another?
Calculate the critical ratios : Calculate the critical ratios for the following activities and indicate which activities are probably on target and which need to be investigated.
Probabilities in a powerball lottery game : Powerball is a lottery game. It involves choosing five white balls from a drum containing 55 balls and one red ball from a drum containing 42 balls. A player must match all five white balls and the red ball to win the jackpot.
Explain the theory of operant conditioning : Write down 700- to 1,050-word paper in which you analyze theory of operant conditioning. In your examination, address the following items: Explain the theory of operant conditioning.
Find the schedule and cost variances : Find the schedule and cost variances for a project that has an actual cost at month 22 of $540,000, a scheduled cost of $523,000, and an earned value of $535,000.

Reviews

Write a Review

Basic Statistics Questions & Answers

  Clear heights of warehouses-normal distribution

Tompkins Associates reports that the mean clear height for a Class A warehouse in the Unites States is 22 feet. Suppose clear heights are normally distributed and that the standard deviation is 4 feet.

  Uniform density curve

If a blue ball is selected you win nothing. Let X be the amount that you win. The expected value of X  and let the random variable X be a random number with the uniform density curve given below

  Probability value by binomial and normal distribution

It has been estimated that 30% of all farms are family-owned. In a sample of 12 farms, what is the probability that exactly three farms are family owned?

  Probability of sample mean leads no rejection

N=120, population standard deviation is (known) 5, alpha =.05, standard error of the mean (sigma of xbar)= .46, h0 is rejected if xbar

  Effect of a level for one factor depends on which level

When the effect of a level for one factor depends on which level of the other factor is present, use: Select one:

  Expected value and standard deviation of frequency value

Calculate the expected value and standard deviation of the value.

  Confidence interval for average number of credit card

Use this information to compute a 95% confidence interval for average number of credit cards carried by students.

  Compute the appropriate plotting points from the data

Utilizing the chart parameters developed above to define the control charts for future candy bar production, Compute the appropriate plotting points from the data.

  Difference in means of the salaries

At α = 0.10 test the claim that there is a difference in means of the salaries. (a) State the Hypotheses: (b) Compute the Test statistic: (Round off correctly)

  Test for one sample-mean

Test the claim that the Snickers bars have a mean weight that is different than 20.1 grams. Because shutting down the plant is very expensive, test the claim at the .01 level of significance.

  Determining normally distributed for population

Experience has shown that radon gas level is approximately normally distributed for this population.

  Find out the required probabilities utilizing binomial

Find out the required probabilities utilizing Binomial distribution. According to Best buy, 2/3 citizens have iPods. In a randomly selected group of 3 iPod owners.

Free Assignment Quote

Assured A++ Grade

Get guaranteed satisfaction & time on delivery in every assignment order you paid with us! We ensure premium quality solution document along with free turntin report!

All rights reserved! Copyrights ©2019-2020 ExpertsMind IT Educational Pvt Ltd