Alpha ($\alpha$)is the probability that the test statistic would assume a value as or more extreme than the observed value of the test.

Name: Alpha ($\alpha$)is the probability that the test statistic would assume a value as or more extreme than the observed value of the test.
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Alpha (α) is the significance level, not the probability of the test statistic assuming a value as or more extreme than the observed value. That probability is known as the p-value.

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