Question: The probability of making a Type I error when using the .01 criterion of significance is lower than when using the .05 criterion of significance.
The probability of making a Type I error when using the .01 criterion of significance is lower than when using the .05 criterion of significance. Why, then, don't researchers always use the .01 criterion, instead of the .05 criterion?
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A pvalue less than 005 typically 005 is statistically significant It indic... View full answer
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