To balance the two types of errors,alpha (α),also known as ________,is often set at .01 or .05.
A)type I error
B)level of significance
C)type II error
D)A and B are correct

Question

Quizplus · Accepted Answer

Alpha (α) is associated with Type I error and is also known as the level of significance. Setting α at .01 or .05 determines the threshold for rejecting the null hypothesis.

To Balance the Two Types of Errors,alpha (α),Also Known as ________,Is