Regarding the testing of pharmaceutical companies claims


Regarding the testing of pharmaceutical companies' claims that their drugs are safe, a U.S. Food and Drug Administration official has said that it's "better to turn down 1000 good drugs than to approve one that's unsafe."

If the null hypothesis is H0: "The drug is not harmful," what type of error does the official appear to favor?

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Basic Statistics: Regarding the testing of pharmaceutical companies claims
Reference No:- TGS02202019

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