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    Statistics
  3. Study Set
    Modern Business Statistics Study Set 1
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    Exam 9: Hypothesis Tests
  5. Question
    If the Cost of a Type I Error Is High
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If the Cost of a Type I Error Is High

Question 19

Question 19

Multiple Choice

If the cost of a Type I error is high, a smaller value should be chosen for the _____.


A) critical value
B) confidence coefficient
C) level of significance
D) test statistic

Correct Answer:

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