The maximum probability of the type l error that the decision maker will tolerate is called
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Answer:
it is called level of significance
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Answer: Level of significance
Step-by-step explanation:
When a statistician or researcher is performing a statistical study or experiment , he first decides the maximum chance of happening type I and type II errors in advance of the study.
The maximum probability of the type l error that the decision maker will tolerate is known as the level of significance .
In addition , the probability of avoiding a type II error is known as the power of the hypothesis test.
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