In testing hypotheses, if the consequences of rejecting the null hypothesis are very serious, we should . . . A)conduct the test using a very large level of significance. B)conduct the test using a very small level of significance. C)insist that the P-value be smaller than the level of significance. D)insist that the level of significance be smaller than the P-value.

College Algebra
1st Edition
ISBN:9781938168383
Author:Jay Abramson
Publisher:Jay Abramson
Chapter9: Sequences, Probability And Counting Theory
Section9.7: Probability
Problem 1SE: What term is used to express the likelihood of an event occurring? Are there restrictions on its...
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In testing hypotheses, if the consequences of rejecting the null hypothesis are very serious, we should . . .

A)conduct the test using a very large level of significance.

B)conduct the test using a very small level of significance.

C)insist that the P-value be smaller than the level of significance.

D)insist that the level of significance be smaller than the P-value.

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