MATLAB: An Introduction with Applications
6th Edition
ISBN: 9781119256830
Author: Amos Gilat
Publisher: John Wiley & Sons Inc
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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.
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