BuyQualityEssays.com – Order a similar paper from BuyQualityEssays.com.com (GOOD RATED)Do you think using 𝛼=0.10α=0.10 for all the 1000 hypothesis tests is a valid thing to do? Briefly explain your answer. Hint: think about the mean number of Type I error made out of the 1000 tests.

Suppose that the pharmaceutical company’s claim about all the 1000 drug types is false.
 If we are to repeat the hypothesis tests (all conducted at the 10% significance level) for the remaining 999 drug types, how many drug types out of all the 1000 drug types would you expect the CDC data to be consistent with the company’s claim? 
Show your calculation and explain your answer.
 
(c) (2 marks) Do you think using 𝛼=0.10α=0.10 for all the 1000 hypothesis tests is a valid thing to do? Briefly explain your answer. Hint: think about the mean number of Type I error made out of the 1000 tests.