Asked by Monica Landrum on May 06, 2024
Verified
In the hypothesis testing procedure, α is the
A) level of significance.
B) critical value.
C) confidence level.
D) p-value.
Level Of Significance
Refers to the threshold under which the null hypothesis is rejected in statistical testing, commonly denoted by alpha (α).
Hypothesis Testing
A statistical method that utilizes sample data to evaluate a hypothesis about a population parameter.
- Identify the connection between the level of significance (α), p-values, and the decision-making process regarding the rejection or acceptance of the null hypothesis.
Verified Answer
ZK
Zybrea KnightMay 07, 2024
Final Answer :
A
Explanation :
α (alpha) is the level of significance, which represents the maximum allowable probability of making a Type I error, or rejecting a true null hypothesis. It is typically set at 0.05 or 0.01, indicating a 5% or 1% chance of encountering a Type I error.
Learning Objectives
- Identify the connection between the level of significance (α), p-values, and the decision-making process regarding the rejection or acceptance of the null hypothesis.