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If Both Type 1 and Type 2 Errors Are Costly

Question 93

Multiple Choice

If both type 1 and type 2 errors are costly,


A) set the level of significance very high and increase the sample size
B) set the level of significance very high and decrease the sample size
C) set the level of significance very low and increase the sample size
D) set the level of significance very low and decrease the sample size

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