A Confidence Level of 95% Is What Size Alpha

question 23

Multiple Choice

A confidence level of 95% is what size alpha?

• A) .001
• B) .01
• C) .05
• D) .10

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Definitions:

Welfare Dependency

A situation where individuals or families rely extensively on government assistance programs for their income over long periods.

Poverty Rate

The percentage of the population living below the national poverty line, which measures the minimum income level required to meet basic living needs.

Lower Three Quintiles

The bottom 60% of the population when divided by income or wealth, often used in analyses of income distribution.

Income

The monetary payment received by an individual or household for labor, investment, or other sources over a specific period.