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Doubt abour two- tailed t- statistic test
When we are performing a 2 -tailed t statistic test, at level of significance ( alpha) =5 percent and p value = 2.7% :
Do we compare p value with (alpha ) or with (alpha/2) ?? i .e. do we compare 2.7 percent with 2.5 percent ( 5/2) or 5 ?