If You Change the Control Limits from ±3 Standard Errors

question 94

Short Answer

If you change the control limits from ±3 standard errors from the centerline to ±2 standard deviations from the centerline,this ____________________ the probability of a Type I error and ____________________ the probability of a Type II error.

---

Definitions:

Payroll Tax

Assessments collected from employers or employees, typically proportional to the salaries that workers are paid.

Labor Market

A marketplace where employers find workers and workers find jobs, involving the exchange of labor for compensation.

Payroll Tax

A tax imposed on employers and employees, calculated as a percentage of the salaries that employers pay their staff.

Per-hour Wage

The amount of money paid to an employee for each hour of work.