By Convention, It Has Been Determined That Alpha Levels Should

question 51

Multiple Choice

By convention, it has been determined that alpha levels should be set no larger than ____.

• A) .50
• B) .10
• C) .05
• D) .01

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Definitions:

Output Variable

The variable in a study or model that represents the result or outcome of interest, influenced by input variables.

Bootstrap Tool

A statistical method that enables estimation of the sampling distribution of almost any statistic by resampling with replacement from an existing sample data.

Optimum Consulting

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Simulation

The process of creating a model of a real-world system and conducting experiments on that model to understand its behavior or to make predictions.