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Decisions about alpha level may be different, especially as it relates from hard sciences to social...

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Basic Math

Decisions about alpha level may be different, especially as itrelates from hard sciences to social sciences. For example, medicaltrials for cancer treatments are conducted at an alpha of 0.0001.For "hard" and social sciences, alpha of 0.05 is used. Do you agreewith these alpha levels? Why or why not? Provide a specific exampleand interpretation of "significance" in your answer.

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First of all we know that alpha is the level of significance or maximum probability of committing type 1 error which error arises due to rejecting a true hypothesis The value of alpha is generally taken as    See Answer
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