In estimation procedures,the alpha level is
A)the same as the confidence level.
B)the parameter we are trying to estimate.
C)always greater than the standard error.
D)equal to the efficiency ratio minus the bias coefficient.

Question

Quizplus · Accepted Answer

The alpha level is the significance level, which is predetermined by the researcher and represents the probability of rejecting the null hypothesis when it is true. The confidence level, on the other hand, represents the degree of certainty we have in our estimation procedure and is typically set at 95%, 90%, or 99%. While alpha and confidence level are both important in estimation procedures, they are not the same thing. Therefore, choice A is the best answer.

In Estimation Procedures,the Alpha Level Is