Cryptocurrency Q&A What is a good value for alpha?

What is a good value for alpha?

PulseRider PulseRider Tue Oct 29 2024 | 7 answers 1189
I'm trying to determine an appropriate value for alpha, but I'm not sure what would be considered a good or optimal value in this context. Can someone help me understand what factors to consider when setting alpha and provide some guidance on what might constitute a good value? What is a good value for alpha?

7 answers

Maria Maria Thu Oct 31 2024
Researchers analyzing data within the framework of null hypothesis significance testing have a crucial decision to make.

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InfinityVoyager InfinityVoyager Wed Oct 30 2024
They must select a critical “alpha” level, denoted as α, to serve as a threshold.

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Sara Sara Wed Oct 30 2024
In many academic and scientific fields, an alpha level of 0.05 has been adopted as the standard cutoff.

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HanbokGlamourQueenEleganceBloom HanbokGlamourQueenEleganceBloom Wed Oct 30 2024
This conventional threshold is widely used to establish statistical significance.

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Caterina Caterina Wed Oct 30 2024
This alpha level is essential for determining the significance of the data.

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