Question: The most commonly used a used in hypotheses testing is 0.05 a. What does the 0.05 value mean? b. Why is 0.05 commonly used? Why

The most commonly used a used in hypotheses testing is 0.05

The most commonly used a used in hypotheses testing is 0.05 a. What does the 0.05 value mean? b. Why is 0.05 commonly used? Why not 0.10 or 0.01, (for example 0.10, 0.01, and other values can be used and sometimes are used, but 0.05 is the most commonly used value)

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