A significance level for a hypothesis test is given as a = .01. Interpret this value.

A significance level for a hypothesis test is given as a = .01. Interpret this value.
Choose one answer.
a. The probability of making a Type I error is .01.
b. The smallest value of a that you can use and still reject H0is .01.
c. The probability of making a Type II error is .99.
d. There is a 1% chance that the sample will be biased.

 

 

 

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