The Symbol for the Probability of Committing a Type I $\alpha$

question 146

Multiple Choice

The symbol for the probability of committing a Type I error of a statistical test is

• A)\(\alpha\) .
• B)1 - \(\alpha\) .
• C)\(\beta\) .
• D)1 - \(\beta\) .

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Definitions:

Promoter

A person who participates in the initial setting up of a corporation or who assists the corporation in making a public share offering.

Corporation

A legal entity that is separate and distinct from its owners, who are shareholders; corporations can own assets, incur liabilities, and conduct business.

Public Share

Equity in a company that is available for trading by the general public on a stock exchange.

Securities Commission

A provincial agency that serves as a watchdog for the stock market.