In testing hypotheses, if the consequences of failing to reject a null hypothesis that is actually false are very serious, we should: use a very small level of significance. use a very large level of significance. insist that the level of significance be smaller than the P-value. insist that the P-value be smaller than the level of significance.

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Question 14 of 28
In testing hypotheses, if the consequences of failing to reject a null hypothesis that is actually false are very serious, we
should:
use a very small level of significance.
use a very large level of significance.
O insist that the level of significance be smaller than the P-value.
insist that the P-value be smaller than the level of significance.
Transcribed Image Text:Question 14 of 28 In testing hypotheses, if the consequences of failing to reject a null hypothesis that is actually false are very serious, we should: use a very small level of significance. use a very large level of significance. O insist that the level of significance be smaller than the P-value. insist that the P-value be smaller than the level of significance.
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