Pharmaceutical companies are continually searching for new drugs. Testing the th

Question

Pharmaceutical companies are continually searching for new drugs. Testing the thousands of compounds for the few that might be effective is known as drug screening. The hypotheses in the following statistical decision problem for drug screening can be stated by the following: H_0: Drug is ineffective in treating a particular disease H_1: Drug is effective in treating a particular disease The following errors associated with the drug screening procedure are as follows: abandonment of a drug when it is in fact a useful one and to go ahead with further more expensive testing of a drug that is in fact useless. A false negative corresponds to which type of error, Type I or Type II A false positive corresponds to which type of error, Type I or Type II In regards to drug screening, which of the two errors is more serious Explain.

Explanation / Answer

A) False negative is a type ii error

B) False positive is a type i error

C) Type i error is more dangerous than type ii error

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