Distinguish the difference between Type 1 and Type 2 errors

Type 1 and Type 2 errors are concepts related to hypothesis testing in statistics. Here’s how they differ: Type 1 Error (False Positive): 1. Occurs when: A Type 1 error happens when a null hypothesis that is actually true is incorrectly rejected. 2. Meaning: It’s a false positive, indicating that the test incorrectly indicates a … Continue reading Distinguish the difference between Type 1 and Type 2 errors