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(Solved): Suppose a drug manufacturers claim is stated in the hypotheses as:      &n ...


  1. Suppose a drug manufacturer’s claim is stated in the hypotheses as:

 

            H0 Our new drug is no better than the current drug 

 

            H1: Our new drug is better than the current drug

 

What is the type I error here?  What are the implications of this error? Who is affected and why?  Explain.



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A type I error is to make a decision to reject the null hypothesis, H1 when in reality the null hypothesis is true. So, in this case,
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