Examlex
Suppose a quality manager for Dell Computers has collected the following data on the quality status of disk drives by supplier.She inspected a total of 700 disk drives. Based on these inspection data,what is the probability of randomly selecting a disk drive from company B?
Ordinal Data
Data classified into categories within a specific order or ranking, but without meaningful mathematical differences between those rankings.
Type II Error
The error that occurs when the null hypothesis is not rejected when it is actually false, also known as a false negative result.
Type I Error
Mistakenly refusing a true null hypothesis, popularly known as a "false positive."
Nominal Data
Data that are categorized into distinct groups without implying any ranked order among them.
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