Reconsider Example 1.4 about whether winners of elections can be predicted better than random chance simply by considering the faces of the candidates.
a. Describe what Type I error means in this context.
b. Describe what Type II error means in this context.
c. Based on the p-value in that study (which produced 23 successful predictions in 32 elections), would you reject the null hypothesis at the 0.01 significance level?
d. Based on your answer to part (c), which type of error could you possibly be making?