An insurance company sets up a statistical test with a null

Last updated: 3/17/2023

An insurance company sets up a statistical test with a null hypothesis that the average time for processing a claim is 5 days and an alternative hypothesis that the average time for processing a claim is greater than 5 days After completing the statistical test it is concluded that the average time exceeds 5 days However it is eventually learned that the mean process time is really 5 days What type of error occurred in the statistical test O Type Il error Type I error O alpha error O No error occurred in the statistical sense beta error