The Conference Board which publishes consumer confidence figures wants to conduct 8 pairwise tests between types of

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The Conference Board which publishes consumer confidence figures wants to conduct 8 pairwise tests between types of consumers. If the overall desired false rejection rate is 20%, what should be the significance level for each test using the Bonferroni method? Give the answer as a decimal, rounded to 3 decimal places, such as 0.123 not 12.3%

Posted Date: May 19, 2024 02:17 PM

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