Which of the Following Occurs When You Accept the Null

question 5

Multiple Choice

Which of the following occurs when you accept the null hypothesis when it is really false?

• A) Type I error
• B) Correct decision
• C) Type II error
• D) Power

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Definitions:

Normal Balance

The side (debit or credit) of an account on which increases to the account are recorded, determined by the type of account.

Asset

Any resource owned or controlled by a business or an individual that is expected to produce value or benefit in the future.

Unearned Fees

Income received by a business for goods or services yet to be delivered or performed, considered a liability until the service or product is delivered.

Liability

A financial obligation or debt owed by a company or individual to another entity, payable in money, goods, or services.