What is the statistical term for the following symbol? Csymbol
MATLAB: An Introduction with Applications
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ISBN:9781119256830
Author:Amos Gilat
Publisher:Amos Gilat
Chapter1: Starting With Matlab
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![**Question: What is the statistical term for the following symbol?**
**Symbol:** α (alpha) symbol
**Explanation:**
In statistics, the symbol α (alpha) is commonly used to represent the significance level in hypothesis testing. The significance level is the probability of rejecting the null hypothesis when it is true, effectively measuring the likelihood of a Type I error. It is a threshold set by the researcher, often at 0.05, to decide whether to accept or reject the null hypothesis.](/v2/_next/image?url=https%3A%2F%2Fcontent.bartleby.com%2Fqna-images%2Fquestion%2Fd4196430-6b1f-4573-936b-20f6c1af6183%2F9458d2cf-560f-4a04-8b4e-5ceeddb0da18%2F8e4kjoz8_processed.jpeg&w=3840&q=75)
Transcribed Image Text:**Question: What is the statistical term for the following symbol?**
**Symbol:** α (alpha) symbol
**Explanation:**
In statistics, the symbol α (alpha) is commonly used to represent the significance level in hypothesis testing. The significance level is the probability of rejecting the null hypothesis when it is true, effectively measuring the likelihood of a Type I error. It is a threshold set by the researcher, often at 0.05, to decide whether to accept or reject the null hypothesis.
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