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If α = 0.05, what is the probability of making a Type I error?
Liability
The state of being legally responsible for something, such as a debt or obligation.
Equal Dignity Rule
A legal doctrine requiring that contracts authorizing someone to act on behalf of another must be in written form if the contract being executed also necessitates a written agreement.
Exceptions
Conditions or clauses in a contract, law, or regulation that allow for deviations from the general rule under specified circumstances.
Right of Recovery
A legal principle allowing parties to seek compensation or restitution following a loss or injury.
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