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QNT 351 Week 4 DQ 2
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Why does the significance level differ among industries? Will the null hypothesis be more likely to be rejected at ? = 0.01 than ? = 0.10? As the significance level increases to ? = 0.10 from ? = 0.01, which type error is more likely to occur? What can be done to reduce the likelihood of incurring this error?
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