With the same % type I and type II errors, actions can be different depending on the issues.
If it costs to increase comfort level in a car with 80% confidence, the burdern of proof is really high. I would not vote for it.
If installing traffic light improves safety and saves lives with 80% confidence, the burdern of proof is low. I would take that precaution.
Global warming is matter of life and death.
If it costs to increase comfort level in a car with 80% confidence, the burdern of proof is really high. I would not vote for it.
If installing traffic light improves safety and saves lives with 80% confidence, the burdern of proof is low. I would take that precaution.
Global warming is matter of life and death.
