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Not Wanting to Risk Poor Sales for a New Soda

Question 6

Multiple Choice

Not wanting to risk poor sales for a new soda flavor, a company decides to run one more taste test on potential customers, this time requiring a higher approval rating than they had for earlier tests. This higher standard of proof will increase
I. the risk of Type I error II. the risk of Type II error III. power


A) III only
B) I and III
C) I only
D) II only
E) I and II

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