Discuss the level of significance


Discuss the below:

Q1. Determine what would happen to your critical value (Z) if you were to change the level of significance (a) from .05 to .1 in a two tailed hypothesis test.

Q2. Why would the critical value change in the way you predict?

Q3. What does this suggest about the trade offs between Type 1 and Type II errors?

 

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Basic Statistics: Discuss the level of significance
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