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What is the type I error in this situation? What are the consequences of making this error? It would be claiming 210 when the new
What is the type I error in this situation? What are the consequences of making this error? It would be claiming 210 when the new method does not lower costs. This mistake could result in implementing the method when it would not lower costs. It would be claiming < 210 when the new method does not lower costs. This mistake could result in implementing the method when it would not lower costs. It would be claiming 210 when the method really would lower costs. This mistake could result in not implementing a method that would lower costs. It would be claiming > 210 when the method really would lower costs. This mistake could result in not implementing a method that would lower costs. Changed: Your submitted answer was incorrect. Your current answer has not been submitted
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