1. True or False? If we would reject a null hypothesis at the 5% level, we would also reject it at the 1% level.
2. True or False? Other things being equal, a small level of significance is desirable
Solution(1)
This statement is false that if we would reject a null hypothesis
at the 5% level, we would also reject it at the 1% level.
If p-value is less than alpha value than we can reject the null
hypothesis. At alpha = 0.05, we can reject the null hypothesis that
means p-value is less than 0.05, but that doesn't mean that p-value
is less than 0.01, so we can say that this statement is
false.
Solution(2)
This statement is true that the other tings being equal, a small
level of significance is desirable. Level of significance is the
probability of type I error. we would always like to have it
small.
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