Peter Provided an Analysis for the Building of a Multi-Unit $\mu$

Multiple Choice

Peter provided an analysis for the building of a multi-unit retail strip for Corning Construction using the following hypothesis:H₀: $\mu$ = Do not build the Strip Mall; Build the Strip Mall. Based on his calculations of the area, and the probabilities for growth, he shows the project will be profitable. The client built the strip mall to a profit loss. What type of error would this represent?

A) Type I error because the building was built.
B) Type II error because the building was built.
C) Type I error because the building was built, but it was not profitable.
D) Type II error because the building was built and was profitable.