Which of the following statements are true? If false, explain briefly. a) It is better to use
Question:
a) It is better to use an alpha level of 0.05 than an alpha level of 0.01.
b) If we use an alpha level of 0.01, then a P-value of 0.001 is statistically significant.
c) If we use an alpha level of 0.01, then we reject the null hypothesis if the P-value is 0.001.
d) If the P-value is 0.01, we reject the null hypothesis for any alpha level greater than 0.01.
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Related Book For
Business Statistics
ISBN: 9780321925831
3rd Edition
Authors: Norean Sharpe, Richard Veaux, Paul Velleman
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