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There are two types of errors in hypothesis testing
1. Type I error
We commit type I error when we reject the null hypothesis when it is true. The probability of type I error is the level of significance of the test and is denoted by
2. Type II error
The type II error is committed when we fail to reject the null hypotheis when it is not true or when it is false.
Type II error is denoted by (1-) where is the power of the test
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