Describe a Type I & Type II Error for each scenario.
A snack company guarantees that each bag contains at least 200 g of chips.
We conclude that P > 0.85 when actually P = 0.85
We conclude that P = 0.85 when actually P > 0.85
Type I is more serious
We conclude that P < 0.85 when actually P = 0.85
We conclude that P = 0.85 when actually P < 0.85
Type I is more serious
We conclude that P > 0.85 when actually P = 0.85
We conclude that P = 0.85 when actually P > 0.85
Type II is more serious
We conclude that P < 0.85 when actually P = 0.85
We conclude that P = 0.85 when actually P < 0.85
Type II is more serious
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