5% is a very common significance level for significance tests, but it Is arbitrary
Holt Mcdougal Larson Pre-algebra: Student Edition 2012
1st Edition
ISBN:9780547587776
Author:HOLT MCDOUGAL
Publisher:HOLT MCDOUGAL
Chapter11: Data Analysis And Probability
Section11.4: Collecting Data
Problem 4E
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Transcribed Image Text:5% is a very common significance level for significance tests, but it Is arbitrary
a. Give an example where you might want to use a significance level lower than 5%. Explain why you
would use the lower level.
b. Give an example where you might want to use a significance level higher than 5%. Explain why
you would use the higher level
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