Identify Type I and Type II errors.
- A Type I error occurs when there is convincing statistical evidence that the alternative hypothesis is true (due to the small p-value), but it is not.
- A Type II error occurs when there is not convincing statistical evidence that the alternative hypothesis is true (due to the large p-value), but it is.
- The power of a hypothesis test is the probability that a hypothesis test will correctly reject the false null hypothesis.