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According to CreditReport.com the average credit score of consumers in 2011 in the state of Minnesota is 707. Suppose that a hypothesis test was conducted
According to CreditReport.com the average credit score of consumers in 2011 in the state of Minnesota is 707. Suppose that a hypothesis test was conducted to determine if the mean credit score in Minnesota has decreased over the continued economic situation. Which of the following describes a Type I error in this situation? Select one: a. Rejecting the mean credit score of 707 even though it is still the actual mean. b. Rejecting the mean credit score of 707, as the actual mean is no longer 707. c. Do not reject the mean credit score of 707 even though it is still the actual mean. d. Do not reject the mean credit score of 707, as the actual mean is no longer 707
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