For a Given Sample Size in Hypothesis Testing

question 74

Multiple Choice

For a given sample size in hypothesis testing,

• A) the smaller the Type I error, the smaller the Type II error will be.
• B) the smaller the Type I error, the larger the Type II error will be.
• C) Type II error will not be effected by Type I error.
• D) the sum of Type I and Type II errors must equal to 1.

---

Definitions:

Government Spending

Expenditures made by the government on goods, services, and public projects to support economic activity and provide public services.

Lump-Sum Tax

A tax that is a fixed amount, not dependent on the taxpayer's income or activity level.

Advantages

Benefits or strengths that give an entity a favorable or superior position relative to competitors or alternatives.

Disadvantages

The negative aspects or conditions that can lead to unfavorable outcomes or reduce effectiveness in a given context.