Question: Using this data: https://docs.google.com/spreadsheets/d/1sHqNB5jrrluY7EUuSCbiLW9KynK3tKncafafLrordlw/edit#gid=0 How may we interpret the 0.01 significance level of our test? If we run 1000 tests in how many of them
Using this data: https://docs.google.com/spreadsheets/d/1sHqNB5jrrluY7EUuSCbiLW9KynK3tKncafafLrordlw/edit#gid=0
How may we interpret the 0.01 significance level of our test? If we run 1000 tests in how many of them do we expect to have obtained a correct result and in how many an incorrect result?
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