Actually true population average body temperature is 986f


Our body temperature is a measure of one's ability to make and get rid of heat. The body is very good at keeping its temperature within a safe range, even when temperatures outside the body change a lot. Our average body temperature is 98.6 degrees Fahrenheit. Therefore,

Null Hypotheses: average body temperature = 98.6 degrees Fahrenheit.

Alternative Hypotheses: average body temperature ≠ 98.6 degrees Fahrenheit.

Type I error: H0 is rejected when the null hypothesis is true. Actually, true population average body temperature is 98.6F but we conclude that average body temperature is not equal to 98.6 degrees Fahrenheit.

Type II error: H0 is not rejected when the null hypothesis is false. Actually true population average body temperature is not equal to 98.6F but we conclude that average body temperature equal to 98.6 degrees Fahrenheit.

Based on the above scenario, what would be the alpha value, and why?

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Finance Basics: Actually true population average body temperature is 986f
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