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Which type of error is the industry lobbyists trying to avoid?-How would it be possible to lower the chances of both Type 1 and 2 errors?

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 […]

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