Type 1 And Type 2 Error Flashcards
1
Q
Type one error
A
False positive
You accept your hypothesis when you should of rejected it
-more likely to happen when level of significance is too lenient (o.10)
2
Q
Type two error
A
False negative
You reject your hypothesis when you should of accepted it
Happens when level of significance is too stringent 0.01
3
Q
Why do we use 0.05 level of significance
A
It’s in the middle so minimises the effects of type 1 or 2 error
