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Mathematics, 02.07.2020 21:01 heavendl13

Duke Energy reported that the cost of electricity for an efficient home in a particular neighborhood of Cincinnati, Ohio, was $104 per month. A researcher believes that the cost of electricity for a comparable neighborhood in Chicago, Illinois, is higher. A sample of homes in this Chicago neighborhood will be taken and the sample mean monthly cost of electricity will be used to test the following null and alternative hypotheses. H0: μ ≤ 104 Ha: μ > 104 (a) Assume the sample data lead to rejection of the null hypothesis. What would be your conclusion about the cost of electricity in the Chicago neighborhood? The input in the box below will not be graded, but may be reviewed and considered by your instructor. (b) What is the Type I error in this situation? The Type I error is - Select your answer - H0 when it is true. What are the consequences of making this error? The input in the box below will not be graded, but may be reviewed and considered by your instructor. (c) What is the Type II error in this situation? The Type II error is - Select your answer - H0 when it is false. What are the consequences of making this error?

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