Which type of error is the consumer group trying to avoid?Which type of error is the industry lobbyists trying to avoid?
Type I and Type II errors. Balancing the Risks of Errors in Hypothesis Testing The U.S. FDA is responsible for approving new drugs. Many consumer groups feel that the approval process is too easy and, therefore, too many medications that are later found to be unsafe are approved. On the other hand, several industry lobbyists […]