Types of Errors AssignmentPlease answer the questions below. 1. What is a Type I error? 2. What is a Type II error? 3. A tight 2-way race between Candidate A and Candidate B is underway. A news outlet claims that Candidate A will receive at least 50% of the vote. A fact checker group decides to test theclaim. a. Describe a Type I error in this situation. What are possible consequences of this error? b. Describe a Type II error in this situation. What are possible consequences of this error? 4. A cancer treatment center claims that if their treatment program successfully rids the body of a certain type of cancer, then the cancer recurrence rate is at most 25%. A watch group decides to test this claim. a. Describe a Type I error in this situation. What are possible consequences of this error? b. Describe a Type II error in this situation. What are possible consequences of this error?