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Mathematics, 28.06.2020 02:01 cxttiemsp021

Your firm will base some expensive decisions on the results of your hypothesis test, so your boss wants to have a high standard of evidence for rejecting the null hypothesis. What should you do? A. Throw out observations that look suspicious
B. Increase the significance level to 10%
C. Reduce the significance level to 1%
D. Keep the significance level the same but collect more data

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Answers: 2

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