If we set alpha at 0.05 instead of 0.01 _________. a. we have ...

[NClaborn]

If we set alpha at 0.05 instead of 0.01 _________.
 
  a. we have a greater risk of a Type I error
  b. we have a greater risk of a Type II error
  c. we have a lesser risk of a Type II error
  d. we have a greater risk of a Type I error and we have a lesser risk of a Type II error

Question 2

If alpha is 0.05 and obtained probability level is 0.01, you could be making a _________.
 
  a. Type II error or correct decision c. Type I error or a correct decision
  b. Type II error or a Type I error d. all of these

[Ksanderson1296]

Answer to Question 1

D

Answer to Question 2

C

[NClaborn]

Gracias!

[aliotak]

Thanks for the timely response, appreciate it