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A researcher performs three independent hypothesis tests each at the 5% significance level. Determine the probability of observing exactly 1 Type I Error. (Round your

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A researcher performs three independent hypothesis tests each at the 5% significance level. Determine the probability of observing exactly 1 Type I Error. (Round your final answer to the nearest hundredth of a percent, e.g., 12.63%. Rounding counts!)

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