Background: Unlike book problems, practicing engineers generally are not told the appropriate level of signicance in} to use for a given hypothesis test; frequentlv, the engineer must choose this level. While each situation is unique, there are some factors that should be consistently considered when setting a level of signicance. Part A: Brainstorm a list of potential factors or situations to consider when setting a level of signicance. Based upon what you have brainstormed, propose several factors and briev indicate their relationship with an appropriate level of signicance for a given situation. An example would be: Factor 1: Cost-per-sarnple Relationship with u: Inverse - the more expensive testing is, the weaker an appropriate :1 can be. Compose at least three rules-ofthumb In addition to the example and rank them in order of importance