If the consequences of making a Type I error are severe, would you choose the level of significance, x, to equal 0.01, 0.05, or 0.10? Choose the correct answer below. A. 0.05 B. 0.10 C. 0.01

Glencoe Algebra 1, Student Edition, 9780079039897, 0079039898, 2018
18th Edition
ISBN:9780079039897
Author:Carter
Publisher:Carter
Chapter10: Statistics
Section10.3: Measures Of Spread
Problem 18HP
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If the consequences of making a Type I error are severe, would you choose the level of significance, a, to equal 0.01, 0.05, or 0.10?
Choose the correct answer below.
A. 0.05
B. 0.10
C. 0.01
Transcribed Image Text:If the consequences of making a Type I error are severe, would you choose the level of significance, a, to equal 0.01, 0.05, or 0.10? Choose the correct answer below. A. 0.05 B. 0.10 C. 0.01
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