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What Does a ".05 Level of Significance" Mean

Question 65

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What does a ".05 level of significance" mean?


A) A result is considered significant if it would occur 5 (or fewer) times out of 100 when the null hypothesis is true.
B) There is a 5% chance that the null hypothesis is true.
C) There is a 5% chance of proving your results.
D) There is a 5% chance of making a Type II error.

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