Reconsider Example 1.5 about whether trick-or treaters have an overall preference between Halloween toys or candy.
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 (in which 148 trick-or treaters in the sample selected candy and 135 selected toys), would you reject the null hypothesis at the 0.10 significance level?
d. Based on your answer to part (c), which type of error could you possibly be making?