Exercise 1: True or false and explain briefly a) A type 1 error occurs anytime we reject the null hypothesis *Write true or false and explain starting on a separate line* b) If the p-value is 0.03, the corresponding test will reject at a level of significance of 0.02. *Write true or false and explain starting on a separate line* c) The p-value is a random variable. *Write true or false and explain starting on a separate line* d) We can interpret the confidence interval (0.393, 0.553) by saying there is a 95\% chance that the population \% will fall between 0.393 and 0.553. *Write true or false and explain starting on a separate line*