What’s a type 1 error
False positive
Where we reject the null hypothesis by mistake
What’s a type two error
False negative
Where we accept the null hypothesis in error when there’s actually a real difference
p<0.01% meaning
1% probability results due to chance e.g. when findings are critical e.g. when testing drug effects to make sure there’s a real difference
Why is 5% level of significance is used in psychology research
As it strikes a balance between the risk of making the Type I and II errors for similar
How to reduce chance of a type 2 error
Use the 5% level
Increase the sample size