Big Data

Please provide an example of both a Type I Error and Type II Error and discuss these types of errors. Why is it that increasing the sample size reduces the probability of a Type II error to an acceptable level?  

• Your answer must be substantive, which usually requires 300 words
• Your answer must be well written and well organized
• Your answer must include one properly formatted APA in-text citation to a scholarly reference. The full reference must be provided at the end of your answer with a link if one is available.

Textbook(s) Required: EMC Education Service (Eds). (2015) Data Science and Big Data Analytics: Discovering, Analyzing, Visualizing, and Presenting Data, Indianapolis, IN: John Wiley & Sons, Inc. ISBN: 9781118876138 - chapter 3