# A test of H0: μ = 53 versus H1: μ ≠ 53  is performed using a significant level of α = 0.01. The P-value is 0.033. if the true value of μ is 53, does the conclusion result in type I error, a type ii error, or a correct decision?A). Type ii error     B). correct decision    C). Type i error

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A test of H0: μ = 53 versus H1: μ ≠ 53  is performed using a significant level of α = 0.01. The P-value is 0.033. if the true value of μ is 53, does the conclusion result in type I error, a type ii error, or a correct decision?

A). Type ii error     B). correct decision    C). Type i error

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Type I error (α):

The Type I error is committed, if the null hypothesis is rejected, when it might actually be true. The probability of Type I error, denoted by α, is the probability of rejecting the null hypothesis, given that it is true.

Type II error (β):

The Type II error is committed, if the null hypothesis is not rejected, even when it is actually be false. The probability of Type II error, denoted by β, is the probability ...

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