Question
Easy
The error of rejecting a true null hypothesis is:
1
Type I error
2
Type II error
3
Type III error
4
Type IV error
Question Details
Time to Solve: 12
Exam: HTET
Level/Paper: Level 3
Chapter: Introduction to Accounting
Topic: Accounting Standards
Correct Answer
Option A
Explanation
The correct option is 1: The error of rejecting a true null hypothesis is fundamentally known as a Type I Error in the statistical process of hypothesis testing. When a researcher performs a test, they start with a null hypothesis ($H\_0$), which represents the status quo or a statement of no effect. A Type I error occurs when the statistical test generates an extreme p-value, leading the researcher to conclude…Read More
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