Type 1 Error, Type 2 Error explained | Hypothesis Testing 1-1.3 | IHDE Academy

Hypothesis Testing: Various errors can occur when testing hypotheses. Understanding them and how to deal with them is the subject of this lesson. This lesson has two learning objectives. First, you should be able to explain what type 1 and type 2 errors are and how these are related to the significance level or the error probability. In addition, you should also know in this context what statistical power or just power is. I wish you success, Rolf Ihde 00:00 - Learning Objectives 01:36 - Concept of Hypothesis Testing 04:18 - Type 1 and Type 2 Error 12:23 - Statistical Power and Significance 16:06 - Key Messages