In Hypothesis Testing, What Is the Level of Significance

question 85

Multiple Choice

In hypothesis testing, what is the level of significance?

• A) The risk of rejecting the null hypothesis when it is true.
• B) A value symbolized by the Greek letter α.
• C) A value between 0 and 1.
• D) It is selected before a decision rule can be formulateD.
• E) All apply.

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Definitions:

Percent Defective

Percent Defective is a quality metric that represents the percentage of units in a batch that are not meeting the required standards or specifications.

Acceptance Sampling

A statistical quality control method used to decide whether to accept or reject a lot of products by inspecting a random sample rather than the entire batch.

Capable

The quality of being able to achieve a specified task or outcome efficiently and effectively.

Consumer's Risk

The probability of accepting a defective product or service because the inspection or test fails to detect the flaw.