Multiple Choice
In setting the level of significance if costs associated with type 1 error are
A) high and a type 2 error is not costly set the level of significance very low
B) high and a type 2 error is not costly set the level of significance very high
C) not very high and a type 2 error is costly set the level of significance very low
D) not very high and a type 2 error is not costly set the level of significance much higher
Correct Answer:

Verified
Correct Answer:
Verified
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