Question: If you decided to make the critical p-value or alpha for significance as 0.001 as opposed to the conventional 0.05, what would the consequences be?

If you decided to make the critical p-value or alpha for significance as 0.001 as opposed to the conventional 0.05, what would the consequences be?

Group of answer choices

You would be less likely to make a Type I error

All of the answers

There would be fewer instances when the null hypothesis would be rejected

You would be more likely to make a Type II error

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