A type I and type II error of the given question are respectively;
A) concluding that the local mean income exceeds $45000 when in fact it does not and therefore opening a restaurant in a locale that would not support it.
B) concluding that the local mean income does not exceed $45000 when in fact it does not and therefore deciding not to open a restaurant in a locale that would support it.
<h3>What is Type 1 and a Type II error?</h3>
In statistics, a type I error simply means rejecting the null hypothesis when it's actually true. Meanwhile, a Type II error means failing to reject the null hypothesis when it's actually false.
Now, in this question what we will consider to be a type I error is concluding that the local mean income exceeds $45000 when in fact it does not and therefore opening a restaurant in a locale that would not support it.
A type II error will be concluding that the local mean income does not exceed $45000 when in fact it does not and therefore deciding not to open a restaurant in a locale that would support it.
Read more about Type I and II errors at; brainly.com/question/16012410
Sorry I don’t know the answer is just needed a point to get my question answered
Answer:
$2,625 ( i think )
If im right add me on snap pls
idk_marqo
Answer:
expected value is $4.5
Step-by-step explanation:
expected value is $4.5
