Type I and II Errors

Type I and II Errors

1. See: Type 1 error.

2. See: Type 2 error.
References in periodicals archive ?
How odd it is for economies to have developed a convention about the reporting of results that focuses only on the benefits of Type I error prevention rather than balances the costs and benefits of Type I and II errors.
While I agree with their arguments that Type II errors have costs and that good research should discuss the costs and benefits of both Type I and II errors, the subtitle of their book (How the Standard Error Costs' Us' Jobs, Justice, and Lives) and some of the examples in their book lack the nuance mad care that is the basis of their criticism of others' research.