question archive If the VP of a product launch thinks that a particular product would be profitable, but ended up launching an unprofitable product, this will be a: a
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If the VP of a product launch thinks that a particular product would be profitable, but ended up launching an unprofitable product, this will be a:
a. Type I error.
b. Type II error.
c. Neither Type I nor Type II error.
d. False positive.
If the VP of a product launch thinks that a particular product would be profitable, but ended up launching an unprofitable product, this will be a:
a. Type I error.
b. Type II error. ??
c. Neither Type I nor Type II error.
d. False positive.
No presence of unprofitability was noticed before putting the product in the market.