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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.
What is 5 percent of 11000?
Percent means "out of 100" → 5% of 11000 = 5/100 × 11000 = 550.
What is 5 percent of 5.60 pounds sterling?
percent means "out of 100" → 5% of £5.60 = 5/100 × £5.60 = £0.28
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
