Always choose the alpha level as 0.05.
The given statement;
When conducting a significance test in practice, how should you choose the alpha( α ) level,
→ When the repercussions of incorrectly rejecting the null hypothesis are more severe, use a greater alpha. Since it's the most appropriate in every case, choose alpha ( α ) = 0.05 always. When the repercussions of incorrectly rejecting the null hypothesis are more severe, use a smaller alpha.
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