The alpha level is a threshold set by researchers that determines the probability of making a Type I error, which occurs when a null hypothesis is incorrectly rejected. It reflects the significance level of a statistical test, commonly set at 0.05, indicating a 5% risk of concluding that a difference exists when there is none. The alpha level plays a crucial role in hypothesis testing, guiding decisions about the acceptance or rejection of the null hypothesis based on the obtained p-value.
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