Company A is thinking of mining more platinum even though the platinum resources are scarce. Which one of the following heuristics will the company use to perform the analysis? Marginal Analysis Order of Magnitude Break-even point Bayesian Thinking In hypothesis testing, type II error occurs when: You fail to reject the null hypothesis when the null hypothesis is false You reject the null hypothesis when the null hypothesis is true You fail to reject the null hypothesis when the null hypothesis is true You reject the null hypothesis when the null hypothesis is false Company A is thinking of mining more platinum even though the platinum resources are scarce. Which one of the following heuristics will the company use to perform the analysis? Marginal Analysis Order of Magnitude Break-even point Bayesian Thinking In hypothesis testing, type II error occurs when: You fail to reject the null hypothesis when the null hypothesis is false You reject the null hypothesis when the null hypothesis is true You fail to reject the null hypothesis when the null hypothesis is true You reject the null hypothesis when the null hypothesis is false