Mathematics · Statistics
Whether a researcher chooses a 0.05 or a 0.01 level of significance for hypothesis testing is fundamentally determined by:
- 1The specific software application being used for statistical analysis.
- 2The raw size and scope of the population under study.
- 3The amount of risk or consequence associated with committing a Type I error.✓
- 4The positive social importance of the expected findings.
Correct answer
The amount of risk or consequence associated with committing a Type I error.
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