webnewland
Golden Member
Type 1 error: Rejecting the hypothesis incorrectly
so does increasing N reduce the risk of making a Type I error? I'm thinking the alpha level we set (normally .05) is the same no matter how many N we use, so the more leptokurtotic graph still have .05 chance of getting type I error? Is this incorrect?
Thanks
so does increasing N reduce the risk of making a Type I error? I'm thinking the alpha level we set (normally .05) is the same no matter how many N we use, so the more leptokurtotic graph still have .05 chance of getting type I error? Is this incorrect?
Thanks