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?

Step by Step Solution

3.39 Rating (174 Votes )

There are 3 Steps involved in it

1 Expert Approved Answer
Step: 1 Unlock

A pvalue less than 005 typically 005 is statistically significant It indic... View full answer

blur-text-image
Question Has Been Solved by an Expert!

Get step-by-step solutions from verified subject matter experts

Step: 2 Unlock
Step: 3 Unlock

Students Have Also Explored These Related Statistics Behavioral Sciences Questions!