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Suppose we wanted to asses whether the our current rock climbing equipment is safe for the climbs we want to do this rock climbing season.

Suppose we wanted to asses whether the our current rock climbing equipment is safe for the climbs we want to do this rock climbing season.\ \ Safety is a higher concern than money in this issue.\ \ Ho: the Rock climbing equipment is safe.\ \ Ha: The rock climbing equipment is not safe and needs replaced with new equipment.\ \ \ \ a) What is the consequences of a TYPE I error? \ \ You \ [ Select ]\ the rock climb equipment but it \ [ Select ]\ replaced.\ \ b) What is the consequences of a TYPE II error?\ \ You \ [ Select ]\ the rock climb equipment but \ [ Select ]\ replaced.\ \ c) Which is more serious consequences, TYPE I or TYPE II error?\ \ Error with more serious consequence is \ [ Select ]\ .\ \ d) What alpha level would you use to reduce that Error type from part C? (options: .01, .05, or .10)\ \ Would \ [ Select ]\ alpha to \ [ Select ]\ .

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