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(Solved): Describe type I and type II errors for a hypothesis test of the indicated claim. A lumber store ...



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Describe type I and type II errors for a hypothesis test of the indicated claim. A lumber store claims that no more than of its new customers will return to buy their next order of lumber. Describe the type I error. Choose the correct answer below. A. A type I error will occur when the actual proportion of new customers who return to buy their next order of lumber is at least 0.50 , but you fail to reject : . B. A type I error will occur when the actual proportion of new customers who return to buy their next order of lumber is no more than 0.50 , but you reject : . C. A type I error will occur when the actual proportion of new customers who return to buy their next order of lumber is at least 0.50 , but you reject : . D. A type I error will occur when the actual proportion of new customers who return to buy their next order of lumber is no more than 0.50 , but you fail to reject : . Describe the type II error. Choose the correct answer below. A. A type II error will occur when the actual proportion of new customers who return to buy their next order of lumber is less than 0.50 , but you fail to reject : . B. A type II error will occur when the actual proportion of new customers who return to buy their next order of lumber is less than 0.50 , but you reject : . C. A type II error will occur when the actual proportion of new customers who return to buy their next order of lumber is more than 0.50 , but you reject : . D. A type II error will occur when the actual proportion of new customers who return to buy their next order of lumber is more than 0.50 , but you fail to reject : .


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