Suppose we wish to test Ho : / = 12 versus Ha : /

Suppose we wish to test HO : {L 12 versus : 'L < 12 using the information in a sample of n observations. The probability of rejecting the null hypothesis if is actually 11 is C) the p-value for the test. O the power of the test when is 11. C) the significance level for the test. O the probability of a Type II error when 'L is 11. O the probability of a Type I error when 'L is 11. Question 10 (1 point) A venture capitalist provides funding for entrepreneurs providing funding for self- driving cars. The award either $1m, $2m or $5m of funding with probabilities (based on their track record over the past 3 years) indicated in the table. Level of Funding (8m) 1 2 5 What is the standard deviation of the funding? O $1.2m O $5.2m Probability (P(X)) 0.3 0.6 0.1