Data Was Collected from CEOs of Companies Within Both the Low-Tech

Data was collected from CEOs of companies within both the low-tech industry and the consumer products industry. The following printout compares the mean return-to-pay ratios between CEOs
In the low tech industry with CEOs in the consumer products industry. HYPOTHESIS: MEAN X = MEAN Y




If we conclude that the mean return-to-pay ratios of the consumer products and low tech CEOs are equal when, in fact, a difference really does exist between the means, we would be making a

A) Type I error
B) Type III error
C) Type II error
D) correct decision

Correct Answer:

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