Mathematics, 30.06.2021 03:40 patrickgonzalezjr13
We are testing a new drug with potentially dangerous side effects to see if it is significantly better than the drug currently in use. If it is found to be more effective, it will be prescribed to millions of people.
1.
a. What does it mean in context to make a type I error in this situation?
b. What does it mean in context to make a type Il error in this situation?
c. Which error do you think is worse? Now we are testing to see whether taking a vitamin supplement each day has significant health benefits. There are no (known) harmful side effects of the supplement.
2.
a. What does it mean in context to make a type I error in this situation?
b. What does it mean in context to make a type Il error in this situation?
c. Which error do you think is worse? For a given situation, what should you do if you think that committing a type l error is much worse than committing a type Il error?
A. Increase the significance level.
B. Decrease the significance level.
C. Nothing, just be careful to take a good sample.
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