How to reject the null and accept the alternate

Reference no: EM13136039

Here is a possible scenario concerning hypothesis testing and the power of the researcher. You are in charge of a research project which has been funded for a little over 2 million dollars with the promise of additional funding of 5 million dollars. The null and alternate hypotheses have been set along with the level of significance at 0.01. After all the testing is completed and the analysis performed, you discover that the null hypothesis was not rejected, and this meant you failed in your testing. Of course, this means no additional funding since the funding was dependent upon a successful completion of the test (i.e., rejecting the null and accepting the alternate). So here is the question, "Is it ok to change the level of significance to 0.05, because at that level you would be able to reject the null and accept the alternate?"

Reference no: EM13136039

Questions Cloud

Snap policy recommendation : Staying on theme with the Healthy Alternative Policy, I need assistance in taking one of the solutions from the last paper and creating recommendation document for the necessary stakeholders. The recommendation would Include the following while adh..

What is the impact on net income over the two accounting : On June 1, Alexander Corporation sold goods to a foreign customer at a price of 1,000,000 pesos. It will receive payment in three months on September 1.

Write a paper based on a real court case involving a newspap : Write a paper based on a real court case involving a newspaper.

What transfer price would you choose to use for the fabric : What transfer price would you choose to use for the fabric assuming that the Fabric division is operating at only 60 percent of capacity due to a surge in popularity of “easy-care” fabrics made of polyester and rayon?

How to reject the null and accept the alternate : Is it ok to change the level of significance to 0.05, because at that level you would be able to reject the null and accept the alternate?"

Criminal justice organizations-budget : Given the reality of budgetary shortfalls, criminal justice budgets at the federal, state, and local levels of government must make tough decisions about the allocation of resources.

Amount of loss-distribution of property : At the time of the liquidation, the property had a FMV of $80,000. What amount of loss can be recognized by Cooper on the distribution of property?

Are stockholders better off : if a company declares a 2 for 1 stock split when its stock was trading for $40 just prior to the announcement and it has 2 million shares outstanding, what will the theoretical market price of the stock be just after the stock split? Are stockhold..

User Account

All Pages