Already have an account? Get multiple benefits of using own account!
Login in your account..!
Remember me
Don't have an account? Create your account in less than a minutes,
Forgot password? how can I recover my password now!
Enter right registered email to receive password!
TYPE I AND II Errors
If a statistical hypothesis is tested, we may get the following four possible cases:
The null hypothesis is true and it is accepted;
The null hypothesis is false and it is rejected;
The null hypothesis is true, but it is rejected;
The null hypothesis is false, but it is accepted.
Clearly, the last two cases lead to errors which are called errors of sampling. The error made in (c) is called Type I Error. The error committed in (d) is called Type II Error. In either case a wrong decision is taken.
P(Committing a Type I Error)
= P (The Null Hypothesis is true but is rejected)\ = P (The Null Hypothesis is true but sample statistic falls in the rejection region) = α, the level of significance
= P (The Null Hypothesis is true but is rejected)\
= P (The Null Hypothesis is true but sample statistic falls in the rejection region)
= α, the level of significance
P(Committing a Type II Error)
= P (The Null Hypothesis is false but sample statistic falls in the acceptance region) = β (say)
= P (The Null Hypothesis is false but sample statistic falls in the acceptance region)
= β (say)
The level of significance, α , is known. This was fixed before testing started. β is known only if the true value of the parameter is known. Of course, if it is known, there was no point in testing for the parameter.
PROPERTIES 1. The value of standard deviation remains the same if, in a series each of the observation is increased or decreased by a constant quantity. In statistical lan
how to determine GRR?
Chi-square analysis can be used with both Goodness-of-Fit Tests and with Tests for Independence. There are specific instances when each test should be used based on the information
Other Measures of Dispersion In this section, we look at relatively less used measures of dispersion like fractiles, deciles, percentiles, quartiles, interquartile range and f
Methods of Forecasting Various techniques which are generally used in business forecasting are as under: 1. Forecasting through the opinion of heads of department
Geometric Mean is defined as the n th root of the product of numbers to be averaged. The geometric mean of numbers X 1 , X 2 , X 3 .....X n is given as
The following table shows the results of fitting a linear regression model of starting annual salaries on a constant, GPA (4 point scale), and a variable (Metrics =1) indicating wh
The investor has constant wealth 1 and is o?ered to invest in shares of a project that either gains 3=2 or loses 1 with equal probabilities. Therefore, if the investor obtains sha
We are interested in assessing the effects of temperature (low, medium, and high) and technical configuration on the amount of waste output for a manufacturing plant. Suppose that
1. Assume the random vector (Trunk Space, Length, Turning diameter) of Japanese car is normally distributed and the unbiased estimators for its mean and variance are the truth. For
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!
whatsapp: +91-977-207-8620
Phone: +91-977-207-8620
Email: [email protected]
All rights reserved! Copyrights ©2019-2020 ExpertsMind IT Educational Pvt Ltd