What is the difference between an alpha level and a p-value
• a-level (significance level): Pre-specified “hurdle” for which one rejects H 0 if the P-value falls below it (Typically 0.05 or 0.01) P-Value H 0 Conclusion H a Conclusion ≤.05 Reject Accept > .05 Do not Reject Do not Accept • Rejection Region: Values of the test statistic for which we reject the null hypothesis ................
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