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What Types of Errors Occur Only After You Start Running

question 47

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What types of errors occur only after you start running the code in the Visual Basic window?


Definitions:

Type I Error

A Type I error occurs when a true null hypothesis is incorrectly rejected.

Rejecting

The act of not accepting or dismissing a statistical hypothesis based on the analysis of data.

Level of Significance

The threshold probability used in hypothesis testing to determine whether to reject the null hypothesis.

Probability

A measure of the likelihood of occurrence of an event, expressed as a number between 0 and 1, where 0 indicates impossibility and 1 indicates certainty.

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