Selecting the appropriate alpha level
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Type I error is used in selecting the appropriate alpha level. Based on your understanding, why is Type I error more important than Type II error in selecting the appropriate alpha level?
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In selecting the appropriate level of alpha, there are two possible errors that may occur: a Type I error, which means that the alternative hypothesis was accepted when it is in fact false and should be rejected (that is, what a statistician deems as a significant finding is in fact due merely to chance).
The other error that may occur is what as known as a Type II error, which means that the alternative hypothess was rejected when it is in fact true and should be accepted (that is, ...
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