In the past two years both product A and product B have had similar sales...

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In the past two years both product A and product B have had similar sales and the production investment is also the same for both of them This year the manufacturer feels that Product A may have more sales as compared to Product B Determine the null and alternate hypotheses as well as what each potential error represents in terms of reality and researcher conclusion Which potential error do you think is more severe OA Type I error has more severe effects in this scenario OA Type Il error has more severe effects in this scenario OA Type I error and a Type Il error have equally severe consequences in this scenario OIt is impossible to tell which error type has more severe consequences in this scenario

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In the past two years both product A and product B have had similar sales and the production investment is also the same for both of them This year the manufacturer feels that Product A may have more sales as compared to Product B Determine the null and alternate hypotheses as well as what each potential error represents in terms of reality and researcher conclusion Which potential error do you think is more severe OA Type I error has more severe effects in this scenario OA Type Il error has more severe effects in this scenario OA Type I error and a Type Il error have equally severe consequences in this scenario OIt is impossible to tell which error type has more severe consequences in this scenario