A company that manufactures steel wires guarantees that the mean breaking strength (in kN) of the wires is greater than 50. They measure the strengths for a sample of wires and test H0: μ ≤ 50 versus H1: μ > 50. a) If a Type I error is made, what conclusion will be drawn regarding the mean breaking strength? b) If a Type II error is made, what conclusion will be drawn regarding the mean breaking strength?
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