19. The probability of rejecting the true null hypothesis is called: A) Level of significance B) Test statistic C) Level of confidence D) Type-II error
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The probability of rejecting the true null hypothesis is commonly known as the level of significance, often denoted by alpha (α). This value is set by the researcher before conducting the test and typically equals 0.05 or 0.01, indicating the threshold for determining whether the observed data is sufficiently extreme to warrant rejecting the null hypothesis. Funny enough, if you think of hypothesis testing like a crime scene investigation, a low level of significance means you're less likely to wrongly accuse an innocent suspect (the null hypothesis) of being guilty. It's like wanting to be 95% sure that the person you think committed the crime really did it!