Type I and Type II Errors in Statistics (with PPT)
“An error does not become truth by reason of multiplied propagation, nor does truth become error because nobody sees it…” Mahatma Gandhi For the better understanding of statistical errors, it is essential to understand the concept of ‘Level of significance’, ‘Null hypothesis and ‘Alternate hypothesis’. What is ‘Level of Significance? Ø Definition: The Level of significance … Read more