Question: The histogram below shows the P-values for a prospective study based on 50 simulations. For alpha = 0.05 and 0.2, what are the power of

The histogram below shows the P-values for a prospective study based on 50 simulations. For alpha = 0.05 and 0.2, what are the power of the study?

As you must know, an alpha cutoff of 0.2 is unheard of. In which of the following circumstances would you accept such a high alpha due to high social cost of a false negative (despite the increase in likelihood of false positives due to high alpha)?

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