What is the relationship between the alpha level, the size of the critical region, and the risk of a type i error?

1 answer:

4 0

Alpha level is a probability value that is used to define the concept of "very unlikely" in a hypothesis. This value determines he boundaries for the critical region, which is composed of the extreme sample values that are very unlikely to be obtained if the null hypothesis is true. Type I error is <span>when a researcher rejects a true null hypothesis.</span>
The relationship between the alpha level, the size of the critical region, and the risk of a type i error is the following: when the alpha level increases, the critical region increases and type I error increases.

You might be interested in

Market in which goods and services are bought and sold.

kykrilka [37]

Answer:

the correct answer is D, product market.

Explanation:

7 0

3 years ago

A few weeks after marion had her phone number changed, she wrongly gave out her former phone number. the most likely explanation

LiRa [457]

The correct answer is proactive interference.

Proactive interference refers to the phenomenon wherein, old memories get in the way of or interfere with retaining and retrieving new memories. In this instance, Marion's old memory of her former phone number is interfering with her ability to retrieve the memory of her (newer) current phone number.

5 0

3 years ago

Harvey buys a used Jet Ski from Taylor's Water Sports. Harvey takes the Jet Ski to the river and discovers that it doesn't work.

joja [24]

Answer:

The correct answer is option A

a. cure the defect.

Explanation:

A problem that can be corrected based on the agreed terms and conditions by a seller or buyer is a curable defect.

6 0

3 years ago

Using policy to stabilize the economy The government has the ability to influence the level of output in the short run using mon

amm1812

Answer:B. Opponents of active stabilization policy believe that significant time lag in both fiscal and monetary policy often excercebate economic fluctuations.

C. Advocate of active stabilization policy believe that the government can adjust monetary and fiscal policy to counter waves of excessive optimism and pessimism among consumers and business.

Examples of automatic stabilizer

A. Corporate income taxes

B. Personal income taxes

Explanation:

Stabilization policy helps to stabilize the economy during expansionary or deficit period however a lag in the implementation will surely affect getting the right outputs from the implementation.

The economy has inbuilt stabilizer s that tend to correct excessiveness in economy such as the personal and corporate tax . The federal fund rate will be adjusted as the need be to stabilizer the economy even though it can be used as a stabilizer but it's not an automatic stabilizer.

5 0

3 years ago

New issues of municipal short term notes are available in which form?

igomit [66]

Answer: book entry

Explanation:

A municipal bond, which is commonly referred to as a muni bond, can be defined as a bond that is issued by a particular territory or local government in order to finance public projects like airports, schools, roads, museums, seaports, and infrastructure. It should be noted that new issues of municipal short term notes are available in book entry form.

7 0

3 years ago