1. The researcher is concerned about making a Type I error (which caused by incorrect rejection of a true null hypothesis), which concludes that there are differences between the placebo and medication groups when these are really due merely to chance.
2. <span> In order to decrease the likelihood of type I error, the researcher could reduce her probability (alpha) leve to .01 or even .001.
Other method that she could do even though it's not popular is reducing her sample size.
3. The same method to solve type 1 errors would not work in other studies. As the possibility of type 1 error increased, the possibility of type 2 error will be decreased (for example type 2 error could be reduced by </span><span>by increasing the power of your test)</span>
Answer: automatic stabilizers
Explanation:
Automatic stabilizers are the provisions in the law that automatically increase government spending or decrease taxes when real output declines.
It should be noted that automatic stabilizers can be used to reduce recession impact on people by helping them to survive even when there is a job loss.
The true statement about disruptive technologies is they come to market with a set of performance attributes that existing customers have demanded.
Disruptive technologies are technological advancement that leads to changes in the operations of an industry, market or economy. Examples of disruptive technologies are artificial intelligence, 3d printing, cloud storage and robotics.
The technology industry is a fertile ground for disruptive technologies. This is because most inventions originate from the tech space. Disruptive technologies replace or drive out existing technologies and render them obsolete. The worst hit are underperforming incumbents.
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Being an entrepreneur can be very stressful and sometimes seem like you may not reach your goal. Optimism can calm you down to make the decision that is better over time rather than rushing into a bad decision that seems good.
