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In Setting the Level of Significance If Costs Associated with Type

Question 64

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

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