Consider the following to answer the question(s) below:
A large software development firm recently relocated its facilities. Top management is interested in fostering good relations with their new local community and has encouraged their professional employees to engage in local service activities. They believe that the firm's professionals volunteer an average of more than 15 hours per month. If this is not the case, they will institute an incentive program to increase community involvement. A random sample of 24 professionals reported the following number of hours:
The sample has a mean of 16.6 hours and a standard deviation of 2.22 hours.
-In this context, describe the Type I error possible. How might such an error impact the software development firm?
Definitions:
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