When You Perform Hypothesis Tests, You Are Faced with Four

question 27

Essay

When you perform hypothesis tests, you are faced with four possible outcomes described in the accompanying table. "☺" indicates a correct decision, and I and II indicate that an error has been made. In probability terms, state the mistakes that have been made in situation I and II, and relate these to the Size of the test and the Power of the test (or transformations of these).

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Definitions:

Hard Drive

A data storage device used for storing and retrieving digital information using one or more rigid rapidly rotating disks (platters) coated with magnetic material.

Video Card

A component of a computer that processes images and video to display on a monitor.

Latency

The time delay between a stimulus and response, often used to describe delays in data transmission or processing in computing.

Sectors

Distinct segments of a country's economy or of an organization, characterized by a specific type of activity.