Provide an Appropriate Response $\mathrm { H } _ { 0 }$

Essay

Provide an appropriate response.
-A pharmaceutical company has a new drug which relieves headaches. However, there is some indication that the drug may have the side effect of increasing blood pressure. Suppose the drug company conducts a hypothesis test to determine whether the medication raises blood pressure. The hypotheses are: $\mathrm { H } _ { 0 }$ : The drug does not increase blood pressure. $\mathrm { H } _ { \mathrm { a } }$ : The drug increases blood pressure. Do you think that for doctors and patients it is more important to have a small α probability or a small β probability? Why? Do you think that the pharmaceutical company would prefer to have a small α probability or a small β probability? Why?