In hypothesis testing, what is the level of significance?
A) The risk of rejecting the null hypothesis when it is true.
B) A value symbolized by the Greek letter α.
C) A value between 0 and 1.
D) It is selected before a decision rule can be formulateD.
E) All apply.

Question

Quizplus · Accepted Answer

The level of significance is the probability of rejecting the null hypothesis when it is true (A), is denoted by α (B), is a value between 0 and 1 (C), and is chosen before formulating a decision rule (D).

In Hypothesis Testing, What Is the Level of Significance