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beta error

   Also found in: Dictionary/thesaurus, Financial, Encyclopedia 0.01 sec.
beta error.


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However, beta error actually incurs costs (as opposed to a lost opportunity for savings), so it is considered the more egregious error.
DLA forward stocking: an economic analysis by Flory, John A.; Blazer, Douglas A.; Bowman, Gale / Air Force Journal of Logistics
As seen in Figure 2, as the true difference between peep show and control areas decreases, the Type II or beta error rate increases.
Peep show establishments, police activity, public place, and time: a ... by Yao, Mike Z. / The Journal of Sex Research
 
 
 
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