The actual chance that we are making a type 1 error is called the
A) margin of error
B) null hypothesis
C) p value
D) t value

Question

Quizplus · Accepted Answer

The p value represents the probability of obtaining a result as extreme or more extreme than the observed result, assuming that the null hypothesis is true. Therefore, it represents the chance of making a type 1 error. The margin of error is a measure of the precision of the estimate, the null hypothesis is the starting point for the hypothesis test, and the t value is the test statistic used in a t-test.

The Actual Chance That We Are Making a Type 1