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A study of CEO salaries examined the increase in cash compensation for CEOs of 104 companies, adjusted for inflation. A
Posted: Sun Oct 03, 2021 12:35 pm
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A study of CEO salaries examined the increase in cash compensation for CEOs of 104 companies, adjusted for inflation. A significance where y represents the average percent increase in cash compensation for CEOs was conducted with hypotheses: Ho: p=0 Ha: >0 In words, write what these hypotheses mean.
Using the information from the previous
question, describe what a Type 1 error would be.
Using the information from the previous
question, describe what a Type 2 error would be.