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Q: What does 5 percent level of significance means?
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The 5 percent level of significance and 1 percent level are the minimum level for certain kinds of research Anyone know which ones?

I think it is hypothesis testing


How can you explain the significance level of at statistics?

Significance Level (Alpha Level): If the level is set a .05, it means the statistician is acknowledging that there is a 5% chance the results of the findings will lead them to an incorrect conclusion.


Confidence level and significance level?

The confidence level is the probability that the true value of a parameter lies within the confidence interval. It is typically set at 95% in statistical analysis. The significance level is the probability of making a Type I error, which is mistakenly rejecting a true null hypothesis. It is commonly set at 0.05.


How do you work out 5 percent of 360?

percent means "out of 100", so 5 percent (5%) is 5/100 "of" means multiply. 5% of 360 = 5/100 x 360 = 18


Percent means divided by?

The word percent means "per one hundred." For example, 5% would be 5 divided by 100, or 5/100.


What is 5 percent of 580p?

Percent means out of 100 → 5 % of 580p = 5/100 × 580p = 29p


What is 5 percent of 11000?

Percent means "out of 100" → 5% of 11000 = 5/100 × 11000 = 550.


What is 5 percent of 2425?

Percent means "out of 100" → 5 % of 2425 = 5/100 x 2425 = 121.25


Your hcg level is 7 are you pregnant?

hcg level under 5 means not pregnant anything over 5 means you are


What is 5 percent of 5.60 pounds sterling?

percent means "out of 100" → 5% of £5.60 = 5/100 × £5.60 = £0.28


What is 5 percent of GBP 5?

percent means out of 100 → 5% of £5.00 = 5/100 × £5.00 = £(5/100×5) = £(25/100) = £0.25


When multiplying fraction by a percent what would you do with the percent that has a decimal in it for example three five of 20.2?

Before you ever start to work on a problem with a percent in it, stop and think what 'percent' means, and change the percent to a number that you can do arithmetic with. 'Percent' means 'hundredth'. To change a percent to a real number, either divide it by 100, or move the decimal point two places to the left. (Same thing.) 37 percent means 0.37 50 percent means 0.50 84 percent means 0.84 20.2 percent means 0.202 . 3/5 means 0.6 20.2 percent of 3/5 means (0.202 x 0.6) = 0.1212