A colleague of yours is faced with testing a relationship

fythynwyrk0

fythynwyrk0

Answered question

2022-07-11

A colleague of yours is faced with testing a relationship at the .05 level or significance or the .01 level of significance. What is your advice to your colleague? Why?

Answer & Explanation

talhekh

talhekh

Beginner2022-07-12Added 15 answers

Level of significance
The level of significance is defined as the probability of rejecting a null hypothesis by the test when it is really true, which is denoted as α.
In hypothesis testing, greater the significance level greater the chance to reject the null hypothesis.
If we choose 0.05 level of significance, then there may greater chance to reject the null hypothesis.
Therefore, the advice given to the colleague with testing a relationship to select the 0.05 level of significance for testing a relationship.

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