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

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.

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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.

No presence of unprofitability was noticed before putting the product in the market.