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2.3.17 Suppose that you are considering whether to publish a weekly alternative newspaper on campus. You decide to survey a random sample of students on

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2.3.17 Suppose that you are considering whether to publish a weekly alternative newspaper on campus. You decide to survey a random sample of students on your campus to ask if they would be likely to read such a newspaper. Your plan is to proceed with publication only if the sample data provide strong evidence that more than 10% of all students on your campus would be likely to read such a newspaper. a) Identify the parameter of interest, in words. b) Express the appropriate null and alternative hypotheses for conducting this test. 0) Specify what Type I error represents in this situation. Also indicate a potential consequence of Type I error. (1) Specify what Type II error represents in this situation. Also indicate a potential consequence of Type II error

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