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An economist wants to study the impact of free financial counseling on saving behavior. The economist has a small random sampFinancial counseling - 2, MULTIPLE CHOICE Continued. The probability you calculated in the previous question is probability oUsing the same rejection region, calculate the probability that Ho will be rejected if p = 0.75. Four decimalsContinued. The probability you calculated in the previous question is probability HO is correctly accepted probability of Typ

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Sopa : Griven : H: ” <0.8 Vs Hip > 0.8 * Probability of Type-1 error is P[ Type- I error] = pl reject Mo / Ho es tue] Probabi

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