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You select the alpha level based on a number of factors. One consideration is the variability of the characteristic which you are trying to measure. Another, very important criterion is the importance of the decision to be made. If the consequences of the wrong decision are dire then you want a very high alpha, otherwise you may prefer a lower alpha.
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What does Cronbach alpha mean in statistics?
Cronbach's alpha refers to a coefficient of reliability. This can be written as a purpose of the number of test items and its average inter-correlation. Cronbach's alpha commonly increases as the correlation of the items increase.
What does alpha mean in statistics?
In the context of regression, it is the y-intercept: the value of the dependent variable when the independent is zero.
What and who determines the alpha level in statistics?
Before conducting a significance test, the statistician will choose an alpha level. Depending upon the severity of having type I or type II error, the statistician will make the alpha level higher or lower. Generally in courts, the alpha level is .05. The other common alpha levels for significance tests are .10 and .01.
What is minimum in statistics?
lowest value of a set of data.
Why should a statistician look at descriptive statistics along with graphical displays of a data set?
why should a executive look at descriptive statistics along with graphical displays of a data set
