A measure of how likely it is to draw a false conclusion in a statistical test, when the results are really just random variations.
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Submitted on July 07, 2010

Additional definitions for 'significance level':

significance levelUsed other than as an idiom: see significance, level.
significance levelThe probability, usually expressed as a percentage, of making a decision to reject the null hypothesis when the null hypothesis is actually true; the probability of making a type 1 error).
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