This analysis emphasizes that type 1 errors pose a higher risk than type 2 errors, suggesting careful evaluation of evidence.
After performing a study, you can correctly conclude there is an effect or not, but you can also incorrectly conclude there is an effect (a false positive, alpha, or Type 1 error) or incorrectly conclude there is no effect (a false negative, beta, or Type 2 error). The goal of collecting data is to provide evidence for or against a hypothesis.
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Daniël Lakens (2016) studied this question.
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