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Statistical & Data Analytics

 

STATISTICAL INFERENCE

Created by : SANJAY KUMAR PANDA, CTO/CIO, DGS&D, MINISTRY OF COMMERCE & INDUSTRY  | 01 27 2011 08:57:07 +0000
Industry : Public Sector/GovernmentFunctional Area : Quality Management(Operations)
Keywords : test statistic null hypothesis & statistical errors
Activity:  273 views;  last activity : 01 27 2011 11:09:00 +0000

TYPE-I ERROR & TYPE-II ERROR

  
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TYPE-I ERROR IS DANGEROUS Vs TYPE-II ERROR IS RISKY
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Punishing the innocience is very henious crime than acquitting the guilty. Todays' world is affected to by type one error. This is the mis-interpretation of justice and a great sin to humanity.
By Benudhar Jena, Actuary Manager, Directorate of Animal Husbandry and Veterinary Services, Orissa  | 01 27 2011 11:10:27 +0000
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FIX PROBABILITY OF TYPE-I ERROR AND MINIMISE PROBABILITY OF TYPE-II ERROR
By SANJAY KUMAR PANDA, CTO/CIO, DGS&D, MINISTRY OF COMMERCE & INDUSTRY  | 01 27 2011 08:57:07 +0000
Argue for "TYPE-I ERROR IS DANGEROUS"
Argue for "TYPE-II ERROR IS RISKY"
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