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NEW QUESTION: 1
Which of the following statements is false regarding confidence levels and/or tests of significance?
A. In most hypothesis tests, the power of the test is equal to (1 - alpha).
B. All else equal, the confidence interval of a hypothesis test with a 5% level of significance is less than the confidence interval for a hypothesis test with a 1% level of significance.
C. In most hypothesis testing, the confidence level is equal to 0.10, 0.05, and 0.01.
D. The power of a test is equal to the confidence level.
E. The significance level of a test is equal to (1 - confidence level).
F. More than one of these answers is incorrect.
Answer: F
Explanation:
Explanation/Reference:
Explanation:
More than one of these answers is incorrect. Specifically, in most hypothesis tests, the significance level is equal to the probability of a Type I error (denoted by the Greek letter alpha) and the power of the test can be found by (1 - beta), where beta represents the probability of a Type II error. Remember that statisticians are much more concerned with the probability of a Type I error, which is defined as the act of incorrectly rejecting the null hypothesis. A Type II error, which is defined as the act of incorrectly failing to reject the null hypothesis, is much more difficult to predict. Second, power of a test is not equal to the confidence level of the test.

NEW QUESTION: 2

A. Option D
B. Option A
C. Option B
D. Option C
Answer: D

NEW QUESTION: 3
As an HR Professional you must recognize, and be aware of several pieces of legislation that affects your performance as an HR Professional. Which one of the following acts used the terminology "work now, grieve later" to describe the urgency of performing work?
A. Railway Labor Act
B. National Labor Relations Act
C. Clayton Act
D. National Industrial Recovery Act
Answer: A