need a little help please A pizza chain plans to locate a new pizza franchise on

Question

need a little help please

A pizza chain plans to locate a new pizza franchise on the CCSU campus if the results of a survey show that more than 10% of CCSU students would eat there at least once a week. Suppose the company is about to carry out a hypothesis test. 7. a. State the hypotheses. b. Clearly state, in terms of this particular problem, what a Type I error would mean. c. Describe possible consequences of a Type I error in this situation. d. Clearly state, in terms of this particular problem, what a Type II error would mean. e. Describe possible consequences of a Type II error in this situation.

Explanation / Answer

a.Null Hypothesis:results show more than 10%

alternate hypothesis:results show less than or equal to 10%

B.Type 1 error is nothing but rejecting true null hypothesis.

C.Here we reject that results of the survey show more than 10% of CCSU students would eat atleast there for one week..

D.type 2 error is nothing but accepting false null hypothesis

E.here we accept  that results of the survey show more than 10% of CCSU students would eat atleast there for one week which is actually false

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