Quiz 2 Flashcards
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risk tolerance is aka the significance level and is usually blank
5%
p value is not the probability that the blank is true
null
if p value is large blank the null
do not reject
low p value means blank the null
reject
Area under curve =
Probability… And proportion
Maximum allowable risk of rejecting true null hypothesis
Significance level (alpha)
Researchers blank significance level
Set
Max alpha
.1
Minimum alpha
.01
Usual significance level
.05
Probability of getting similar results when the null hypothesis is true
P value
Graph is testing this hypothesis
Null (never test research)
Reject null hypothesis if p value is less than alpha
Decision rule
These tests should only be used based on prior knowledge by being confident about the directionality
One tailed tests