Channel: Michel van Biezen

Category: Education

Tags: van biezenacceptablestrengthcriticalmiketestedilecturech 9ilectureonlinecorrectlyexplainationcapabilityrejectdesignstatementdifferentoutcomeproducttestshearlevelprobabilitysuppositionconfidenceexpectedfalsemisconformitybasisproposesampleintuitivesatisticspopulationincorrectlydevationnullilecture onlinemeanfailuresuccesschapter 9trueassuptionmike van biezenguidenceregionilectureonline.comstatistics

Description: Visit ilectureonline.com for more math and science lectures! To donate: ilectureonline.com/donate patreon.com/user?u=3236071 We will learn the level of significance and how it affects hypothesis testing. Essentially the level of significance represents the probability that our decision to reject the null hypothesis IS WRONG! But the smaller the level of significance the greater the probability that we fail to reject H0 when we should have (type 2 error). Previous video in this series can be seen at: youtu.be/N4RDbExiSc0 Next video in this series can be seen at: youtu.be/gkCUj5Hz5XQ