I need help answering the following questions: Question 2 1. A \"false negative\

Question

I need help answering the following questions:

Question 2 1. A "false negative" is a. When you incorrectly conclude that your hypothesis is false b. When you correctly conclude that your hypothesis is false c. When you incorrectly conclude that your hypothesis is true (Not this One) d. When you correctly conclude that your hypothesis is true

Question 3 1. A "false positive" is a. When you correctly conclude that your hypothesis is false b. When you correctly conclude that your hypothesis is true c. When you incorrectly conclude that your hypothesis is true d. When you incorrectly conclude that your hypothesis is false (Not this one)

Question 13 1. You are considering buying a store. In order to better access your return on the investment, your expectations of the return should be based on a. Days where sales are high, costs are low (Not this one) b. A weighted average of all the above scenarios c. Days where sales are low and costs are high d. Days where both sales and costs are low

Question 15 1. You can either invest in project A or B. Project A could have a value of $100 with a probability of 0.1 or a value of $75 with probability 0.9. Project B could have a value of $110 with probability 0.2 or a value of $70 with a probability of 0.8. Which project should you invest in? a. Project A (Not this one) b. Project B c. Neither of the projects d. You cannot tell from the information presented

Question 17 1. You want to run a difference-in-difference experiment with a price increase for the bacon cheeseburger item on your menu. If you are worried about "leakage" with your control group, a good comparison menu item would be a. the bacon-lettuce-and-tomato sandwich b. the regular cheeseburger c. the bacon burger without cheese d. soft drink sales

Explanation / Answer

2.1
A "false negative" is a. When you incorrectly conclude that your hypothesis is false

A negative means that the hypothesis is false.A false negative means that the negative was not actually negative.

3.1
c. When you incorrectly conclude that your hypothesis is true.

A positive means that the hypothesis is true.A false positive means that the positive was not actually true.

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