If the level of significance is .01, the chance (probability) of making a Type I error is 01.1% 02.10% 03.99% 04.90%

MATLAB: An Introduction with Applications
6th Edition
ISBN:9781119256830
Author:Amos Gilat
Publisher:Amos Gilat
Chapter1: Starting With Matlab
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The image presents a multiple-choice question related to statistics:

**Question:**
"If the level of significance is 0.01, the chance (probability) of making a Type I error is"

**Answer Choices:**
- 4.90%
- 3.99%
- 2.10%
- 1.1% (this option is selected)

There are no graphs or diagrams in the image.
Transcribed Image Text:The image presents a multiple-choice question related to statistics: **Question:** "If the level of significance is 0.01, the chance (probability) of making a Type I error is" **Answer Choices:** - 4.90% - 3.99% - 2.10% - 1.1% (this option is selected) There are no graphs or diagrams in the image.
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Level of significance = 0.01

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