Type I error is made when we reject null hypothesis when in fact it is true while type II error is made when we accept the null hypothesis when it is actually false.
Jonmhumble answered the question on November 9, 2017 at 14:16
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Outline the uses of index numbers.
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Outline the uses of index numbers.
Date posted:
November 9, 2017
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Outline the shortcomings of consumer price index numbers .
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Outline the shortcomings of consumer price index numbers .
Date posted:
November 9, 2017
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Outline the objectives of data classification.
(Solved)
Outline the objectives of data classification.
Date posted:
November 9, 2017
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What are the types of data classification?
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What are the types of data classification?
Date posted:
November 9, 2017
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What do you think third world countries like Kenya should do to advance and develop to a world class country?
(Solved)
What do you think third world countries like Kenya should do to advance and develop to a world class country?
Date posted:
November 9, 2017
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Answers (1)
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State and explain the problems in the choice of technology in underdeveloped countries.
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State and explain the problems in the choice of technology in underdeveloped countriescountries.
Date posted:
November 8, 2017
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Outline the objectives of investment criteria.
(Solved)
Outline the objectives of investment criteria.
Date posted:
November 8, 2017
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State and explain the need for economic planning in underdeveloped countries.
(Solved)
State and explain the need for economic planning in underdeveloped countries.
Date posted:
November 8, 2017
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Answers (1)
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List and briefly explain macroeconomic problems affecting less developed countries
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List and briefly explain macroeconomic problems affecting less developed countries
Date posted:
November 8, 2017
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Answers (1)
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Distinguish between monetary policies and monetary theory
(Solved)
Distinguish between monetary policies and monetary theory
Date posted:
November 8, 2017
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Answers (1)
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State and explain types of line structures.
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State and explain types of line structures.
Date posted:
November 3, 2017
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Outline the advantages of linear programming.
(Solved)
Outline the advantages of linear programming.
Date posted:
November 3, 2017
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State and explain ways through which firms can price discriminate.
(Solved)
State and explain ways through which firms can price discriminate.
Date posted:
November 3, 2017
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Answers (1)
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What are the conditions for Pareto efficiency?
(Solved)
What are the conditions for Pareto efficiency?
Date posted:
November 3, 2017
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Outline the advantages of network analysis in operations research.
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Outline the advantages of network analysis in operations research.
Date posted:
November 3, 2017
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Answers (1)
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State and explain methods of shaping a behaviour
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State and explain methods of shaping a behaviour
Date posted:
November 2, 2017
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What are the determinants of job satisfaction?
(Solved)
What are the determinants of job satisfaction?
Date posted:
November 2, 2017
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What are the stages of group development?
(Solved)
What are the stages of group development?
Date posted:
November 2, 2017
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Outline five principles that should guide human resource planning to ensure the intended purpose in the organization.
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Outline five principles that should guide human resource planning to ensure the intended purpose in the organization.
Date posted:
October 31, 2017
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Answers (1)
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Outline the remedial measures of multicollinearity.
(Solved)
Outline the remedial measures of multicollinearity.
Date posted:
October 30, 2017
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Answers (1)