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In: Statistics and Probability

Is there anything we can do to measure the likelihood of these errors and thereby reduce...

  1. Is there anything we can do to measure the likelihood of these errors and thereby reduce the chance of these errors occurring?
  • When evaluating the results of the use of one of our one hypothesis tests we can use either the critical value method or the p-value method. While both methods will reach the same conclusion as to whether to reject or not reject our null hypothesis, most researchers prefer the p-value test. Why is this preferred over the critical value tests?

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