Alpha Risk For Control Chart. The good news is that you decide on the level of your alpha risk. The typical values for alpha are 1%, 5%, or 10%.
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Alpha is the risk you are willing to assume of falsely rejecting the null. The typical values for alpha are 1%, 5%, or 10%. The good news is that you decide on the level of your alpha risk.
1 Alpha risk for control chart
The Typical Values For Alpha Are 1%, 5%, Or 10%.
The good news is that you decide on the level of your alpha risk. Alpha is the risk you are willing to assume of falsely rejecting the null.