Bayesian Statistics
A Type II Error occurs when a statistical test fails to reject a false null hypothesis, leading to a conclusion that there is no effect or difference when, in reality, one exists. This error is often denoted by the symbol \(\beta\) and reflects the sensitivity of a test to detect an effect. Understanding Type II Error is crucial in various statistical scenarios, especially when evaluating the performance of tests, addressing multiple comparisons, and determining loss functions.
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