For the given scenario, determine the type of error that was made, if any. (hint: begin by determining the null and alternative hypotheses.) economists considered $3.110 as the …

asked Jan 28, 2023 221k views

for the given scenario, determine the type of error that was made, if any. (hint: begin by determining the null and alternative hypotheses.) economists considered $3.110 as the mean price for gallon of unleaded gasoline in the united states in a certain year. one consumer claims that the mean price for gallon of unleaded gasoline in the united states in a certain year is more than $3.110. the consumer conducts a hypothesis test and fails to reject the null hypothesis. assume that in reality, the mean price for gallon of unleaded gasoline in the united states in a certain year is $3.260. was an error made? if so, what type?