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1.) An insurance company sets up a statistical test with a null hypothesis that the average...

1.) An insurance company sets up a statistical test with a null hypothesis that the average time for processing a claim is 7 days and an alternative hypothesis that the average time for processing a claim is greater than 7 days. After completing the statistical​ test, it is concluded that the average time exceeds 7 days.​ However, it is eventually learned that the mean process time is really 7 days. What type of error occurred in the statistical​ test?

a.) No error occurred in the statistical sense.

b.) Type II error

c.) Type III error

d) Type I error

2.) Given H0​: μ=​25, Ha​: ≠​25, and p=0.022. Do you reject or fail to reject H0 at the 0.01 level of​ significance?

a.) Fail to reject H0

b.) Reject Ho

c.) Not sufficient to decide

math   Statistics-And-Probability   
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