Question

Explain the difference between a Type 1 significance error and a Type 2 significance error

Answer 1

Answer: Type one is the Hypothesis gets rejected even tho its correct

Type two is the Hypothesis gets accepted even tho its wrong

Answer 2

Type I error tends to assert something that is not really present, i.e. it is a false hit. On the contrary, type II error fails in identifying something, that is present, i.e. it is a miss.