Homework Help: statistics

Posted by eve on Sunday, December 23, 2012 at 2:21pm.

a research wanted to test a new diabetes drug: what level of significance would she use in testing?

statistics - PsyDAG, Monday, December 24, 2012 at 4:50pm
That would be up to the researcher. Does s/he want to make lots of money marketing the drug, or is s/he more concerned that it will truly be an effective treatment for patients? It could range from .05 to .001.

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