Type II Error Notes: Definitions & Explanations PDF | Download eBooks
Study Type II Error lecture notes PDF with supply chain management definitions and explanation to study “What is Type II Error?”. Study type ii error explanation with SCM terms to review supply chain management course for online MBA programs.
Type II Error Definition:
Statistically, the probability of accepting a bad lot.
Operations Management: Sustainability and Supply Chain Management by Jay Heizer, Barry Render, Chuck Munson
Type II Error Notes:
A type II error happens when the null hypothesis is not correct, yet incorrectly neglects to be rejected. It is neglecting to attest what is available, a miss. A sort II mistake is regularly called a bogus negative (where a genuine hit was ignored by the test and is viewed as a miss) in a test checking for a solitary condition with an authoritative aftereffect of genuine or false. A sort II mistake is submitted when a genuine elective theory isn't accepted. As far as society stories, a specialist may neglect to recognize the wolf when in certainty a wolf is available (and along these lines neglect to raise an alert). Once more, the invalid speculation, contains the announcement: "There is no wolf", which, if a wolf is in reality present, is a sort II mistake with respect to the agent (the wolf either exists or does not exist inside a given setting - the main inquiry is on the off chance that it is effectively recognized or not, either neglecting to distinguish it when it is available, or identifying it when it is absent).
Keep Learning with Supply Chain Management Notes
What is Shop-within-a-Shop?
A store-inside a-store, additionally alluded to as shop-in-shop, is an understanding wherein a retailer leases a piece of the retail ...
What is Enterprise Project Management (EPM)?
Endeavor Project Management, in wide terms, is the field of hierarchical advancement that supports associations in overseeing indispensably and adjusting ...
What is Balancing Loss?
Adjusting misfortune is the evaluation of the absence of equalization in a creation line, characterized as the level of time ...
What is Stepping-stone method?
The Stepping Stone Method is utilized to check the optimality of the underlying attainable arrangement controlled by utilizing any of ...
What is Multi-Sourcing?
Multisourcing (multi-sourcing) is a way to deal with redistributing in which IT activities and innovation foundation are contracted to various ...
What is Activity?
An action is a solitary, centered thing that the client can do. The doing of something, or something that you ...