The Next Questions Are Based on the Following Information

question 162

Multiple Choice

The Next Questions Are Based On The Following Information:
The dean of a business college in the Midwest claims that he can correctly identify whether a student is a finance major or a music industry management major by the way the student dresses.Suppose in actuality that he can correctly identify finance majors 84% of the time,while 16% of the time he mistakenly identifies a music industry management major as a finance major.Presented with one student and asked to identify the major of this student (who is either a finance or music industry management major) ,the dean considers this to be a hypothesis test with the null hypothesis being that the student is a finance major and the alternative that the student is a music industry management major.
-Which of the following statements illustrates a Type I error?

• A)Saying that the student is a music industry management major when in fact the student is a finance major.
• B)Saying that the student is a finance major when in fact the student is a finance major.
• C)Saying that the student is a finance major when in fact the student is a music industry management major.
• D)Saying that the student is a music industry management major when in fact the student is a music industry management major.

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Definitions:

Trial-and-Error

A problem-solving method that involves experimenting with various approaches until finding one that succeeds.

Scientific Method

A systematic process for acquiring knowledge that involves observation, experimentation, and hypothesis testing.

Symptoms

Signs or indications of a disease or condition that are experienced by an individual.

Problem Finders

Individuals or tools designed to identify issues within a process or system.