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This question is about type one error vs type two error.
How do you determine the risk of making a type one error?
The risk of making a type one error is assigned to the value of alpha. This will vary greatly depending on the type of study you're in charge of, but if making a type one error is something you especially want to avoid, you can set the value of alpha to lower than 0.05, or 5%, which is the traditional rate.
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