What would a type i error mean in terms of problem

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1. We want to show that less than 40% of students do aerobics. What would a Type I error mean in terms of this problem?

2. We want to show that the average starting salary is less than $45,000. What would a Type I error mean in terms of this problem?

3. We want to show that the true average reaction time in students is greater than 175 ms. What would a Type II error mean in terms of this problem?

4. When selecting a significance level, why should we consider the consequences of a type I error?

Reference no: EM132853336

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