Name: Hypothesis testing errors: opportunity cost - Example: opportunity cost
Uploaded: 2023-03-20T00:00:00Z
Description: You will continue learning about hypothesis testing with a new example and the same structure of randomization tests. In this chapter, however, the focus will be on different errors (type I and type II), how they are made, when one is worse than another, and how things like sample size and effect size impact the error rates.