Which of the following statements is TRUE? 0.01 means there is a 1% chance that we fail to reject the null hypothesis when the alternative hypothesis is true. - If an effect is substantively significant, then it must also be statistically significant. We reject the null hypothesis when p-value is larger than the significance level. If we want to reduce the probability of a Type II error, the probability of a Type I error will increase.

MATLAB: An Introduction with Applications
6th Edition
ISBN:9781119256830
Author:Amos Gilat
Publisher:Amos Gilat
Chapter1: Starting With Matlab
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Which of the following statements is TRUE?
0.01 means there is a 1% chance that we fail to reject the
null hypothesis when the alternative hypothesis is true.
-
If an effect is substantively significant, then it must also be
statistically significant.
We reject the null hypothesis when p-value is larger than the
significance level.
If we want to reduce the probability of a Type II error, the
||
probability of a Type I error will increase.
Transcribed Image Text:Which of the following statements is TRUE? 0.01 means there is a 1% chance that we fail to reject the null hypothesis when the alternative hypothesis is true. - If an effect is substantively significant, then it must also be statistically significant. We reject the null hypothesis when p-value is larger than the significance level. If we want to reduce the probability of a Type II error, the || probability of a Type I error will increase.
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