Our political candidate is getting nervous. In the same poll where 46 out of 112 constituents held a favorable view of him, 52 held an unfavorable view (the remaining responses were "No opinion"). He knows he probably won't win the upcoming election if his "unfavorable" rating is more than 35%.

Setting the alpha level depends on the consequences of Type I and Type II errors. Describe the outcomes associated with each type of error. Would you recommend alpha is set at 0.01 or 0.05? Explain.