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Producers Risk

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Producers Risk - definition(s)

Producers Risk - Concluding something is bad when it is actually good (TYPE I Error)

See also Alpha Risk, Beta Risk, Error (Type I), Error (Type II), Null Hypothesis, Alternative Hypothesis and Hypothesis Testing

[Category=Data Quality ]

Source: iSixSigma, 15 February 2011 10:55:46, https:web.archive.org/web/20111109014246/http:www.isixsigma.com/index.php?option=com_glossary External 


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