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Type 1 vs Type 2 error Q

schweser q:
Solus is in the process of implementing a manager continuation policy in order to avoid excessive manager turnover yet remove inferior manager as required. at the moment solus believes they were being too conservative and retaining managers even though they are producing weak performance. State and explain the type of statiscal error Solus is currently making?

bannisja Wrote:
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> ok here goes me with my semi-warped mind, but if
> you need to remember this, just think for a # 1,
> you keep the sh&t in.
>
> you're welcome. you'll never forget type 1 & 2
> again. and yes, i've resorted to poop to remember
> what i need to know for this exam.


just wow, ill certainly never look at that type of question the same again

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LOLOLOLOLOL

God damn you bannisja. Thanks for the laugh.

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