00:01
Heather, so for your question, we're going to go ahead and bring out on the steps and i solve for that way.
00:05
Let's start with type 1 errors.
00:09
Type 1.
00:11
So type 1 errors are when we reject no hypothesis.
00:18
Reject no hypothesis.
00:23
One is true.
00:29
So what's say our hypothesis, i don't know, is that the frogs in the pond are green, right? something like that.
00:39
And we're going to say, no, it's not the case.
00:41
They're actually blue, but one in the fact they are green.
00:43
That could be an example of this.
00:45
Type two errors are when we fail to reject it once actually false.
00:52
So we're going to accept it when it's false.
00:54
So we would accept null hypothesis when it is false.
01:08
It's a much of our fraud example.
01:10
So we're going to say, we're going to, the hypothesis, is all the frogs in the pond are blue, and we're going to accept that one, in fact, that's not true because all the frogs are green.
01:20
So, you know, these errors can come from a whole host of different things, you know...