Q: If you are 90% sure about making the right decision, what is the alpha (α) value?

MATLAB: An Introduction with Applications
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Q: If you are 90% sure about making the right decision, what is the alpha (α) value?

**How Sure Are You About Making the Right Decision**

- **Level of Confidence (LoC)**
  - C = 90% (0.90), 95% (0.95), or 99% (0.99)
  - How confident we are in our decision

- **Level of Significance (α) alpha**
  - α = 1 − C
  - If LoC = 95%, C = 0.95
  - α = 1 − 0.95
  - α = 0.05

**Q: If you are 90% sure about making the right decision, what is the alpha (α) value?** 

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Transcribed Image Text:**How Sure Are You About Making the Right Decision** - **Level of Confidence (LoC)** - C = 90% (0.90), 95% (0.95), or 99% (0.99) - How confident we are in our decision - **Level of Significance (α) alpha** - α = 1 − C - If LoC = 95%, C = 0.95 - α = 1 − 0.95 - α = 0.05 **Q: If you are 90% sure about making the right decision, what is the alpha (α) value?** [This section below the question likely serves as an area for students to input their answer or for educators to explain further.]
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