7. A small business owner is considering opening a new store in a neighboring city. In order to investigate this decision, the owner randomly chooses 20 products from her current store and tests markets them in the neighboring city. The owner needs greater than 22% profit at the new store to pay employees and continue the business. Her hypotheses are as follows: He: p = 0.22 Al: P > 0.22 a. What is a Type I error in the context of this problem? The profit is equal to 22% greater than 22% (circle one), but the owner thinks that the profit is equal to 22% greater than 22% (circle one). b. What is a Type II error in the context of this problem? The profit is equal to 22% greater than 22% (circle one), but the owner thinks that the profit is equal to 22% greater than 22% (circle one). c. If the owner did a hypothesis test and ended up rejecting the null, what type of error could she have made - Type 1 or Type 2