When conducting a significance test in practice, how should you choose the alpha level? a) Always use alpha=0.05 since it's the most appropriate for every situation. b) Always use alpha=0.05 since it's the most commonly used one. c) Use a larger alpha when the consequences of mistakenly rejecting the null hypothesis are more serious. d) Use a smaller alpha when the consequences of mistakenly rejecting the null hypothesis are more serious.

Holt Mcdougal Larson Pre-algebra: Student Edition 2012
1st Edition
ISBN:9780547587776
Author:HOLT MCDOUGAL
Publisher:HOLT MCDOUGAL
Chapter11: Data Analysis And Probability
Section: Chapter Questions
Problem 8CR
icon
Related questions
Question

When conducting a significance test in practice, how should you choose the alpha level?

a) Always use alpha=0.05 since it's the most appropriate for every situation.
b) Always use alpha=0.05 since it's the most commonly used one.
c) Use a larger alpha when the consequences of mistakenly rejecting the null hypothesis are more serious.
d) Use a smaller alpha when the consequences of mistakenly rejecting the null hypothesis are more serious.
Expert Solution
trending now

Trending now

This is a popular solution!

steps

Step by step

Solved in 2 steps

Blurred answer
Recommended textbooks for you
Holt Mcdougal Larson Pre-algebra: Student Edition…
Holt Mcdougal Larson Pre-algebra: Student Edition…
Algebra
ISBN:
9780547587776
Author:
HOLT MCDOUGAL
Publisher:
HOLT MCDOUGAL
Calculus For The Life Sciences
Calculus For The Life Sciences
Calculus
ISBN:
9780321964038
Author:
GREENWELL, Raymond N., RITCHEY, Nathan P., Lial, Margaret L.
Publisher:
Pearson Addison Wesley,
College Algebra
College Algebra
Algebra
ISBN:
9781938168383
Author:
Jay Abramson
Publisher:
OpenStax
Glencoe Algebra 1, Student Edition, 9780079039897…
Glencoe Algebra 1, Student Edition, 9780079039897…
Algebra
ISBN:
9780079039897
Author:
Carter
Publisher:
McGraw Hill