The document discusses statistical hypothesis testing and type 1 and type 2 errors. It defines the null and alternative hypotheses, outlines how to calculate the probability of making a type 1 error, and explains how varying the decision criteria can trade off between type 1 and type 2 errors. Specifically, lowering the threshold for rejecting the null increases the chances of a type 1 error but decreases the chances of a type 2 error.
The document discusses statistical hypothesis testing and type 1 and type 2 errors. It defines the null and alternative hypotheses, outlines how to calculate the probability of making a type 1 error, and explains how varying the decision criteria can trade off between type 1 and type 2 errors. Specifically, lowering the threshold for rejecting the null increases the chances of a type 1 error but decreases the chances of a type 2 error.
The document discusses statistical hypothesis testing and type 1 and type 2 errors. It defines the null and alternative hypotheses, outlines how to calculate the probability of making a type 1 error, and explains how varying the decision criteria can trade off between type 1 and type 2 errors. Specifically, lowering the threshold for rejecting the null increases the chances of a type 1 error but decreases the chances of a type 2 error.
The document discusses statistical hypothesis testing and type 1 and type 2 errors. It defines the null and alternative hypotheses, outlines how to calculate the probability of making a type 1 error, and explains how varying the decision criteria can trade off between type 1 and type 2 errors. Specifically, lowering the threshold for rejecting the null increases the chances of a type 1 error but decreases the chances of a type 2 error.
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