Commerce Exam  >  Commerce Questions  >  type of statistical error Related: Errors - ... Start Learning for Free
Most Upvoted Answer
type of statistical error Related: Errors - Collection of Primary and...
Type I Errors occur when we reject a null hypothesis that is actually true; the probability of this occurring is denoted by alpha (a).
Type II Errors are when we accept a null hypothesis that is actually false; its probability is called beta (b). As you can see from the below table, the other two options are to accept a true null hypothesis, or to reject a false null hypothesis.
Attention Commerce Students!
To make sure you are not studying endlessly, EduRev has designed Commerce study material, with Structured Courses, Videos, & Test Series. Plus get personalized analysis, doubt solving and improvement plans to achieve a great score in Commerce.
Explore Courses for Commerce exam

Top Courses for Commerce

type of statistical error Related: Errors - Collection of Primary and Secondary Data, Statistics for Economics?
Question Description
type of statistical error Related: Errors - Collection of Primary and Secondary Data, Statistics for Economics? for Commerce 2024 is part of Commerce preparation. The Question and answers have been prepared according to the Commerce exam syllabus. Information about type of statistical error Related: Errors - Collection of Primary and Secondary Data, Statistics for Economics? covers all topics & solutions for Commerce 2024 Exam. Find important definitions, questions, meanings, examples, exercises and tests below for type of statistical error Related: Errors - Collection of Primary and Secondary Data, Statistics for Economics?.
Solutions for type of statistical error Related: Errors - Collection of Primary and Secondary Data, Statistics for Economics? in English & in Hindi are available as part of our courses for Commerce. Download more important topics, notes, lectures and mock test series for Commerce Exam by signing up for free.
Here you can find the meaning of type of statistical error Related: Errors - Collection of Primary and Secondary Data, Statistics for Economics? defined & explained in the simplest way possible. Besides giving the explanation of type of statistical error Related: Errors - Collection of Primary and Secondary Data, Statistics for Economics?, a detailed solution for type of statistical error Related: Errors - Collection of Primary and Secondary Data, Statistics for Economics? has been provided alongside types of type of statistical error Related: Errors - Collection of Primary and Secondary Data, Statistics for Economics? theory, EduRev gives you an ample number of questions to practice type of statistical error Related: Errors - Collection of Primary and Secondary Data, Statistics for Economics? tests, examples and also practice Commerce tests.
Explore Courses for Commerce exam

Top Courses for Commerce

Explore Courses
Signup for Free!
Signup to see your scores go up within 7 days! Learn & Practice with 1000+ FREE Notes, Videos & Tests.
10M+ students study on EduRev