Chow pays lip service (but not much more!) to Type I errors and thus opts for a hard (all-or-none) .05 level of significance (Superego of Neyman/Pearson theory; Gigerenzer 1993). Most working scientists disregard Type I errors and thus utilize a soft .05 level (Ego of Fisher; Gigerenzer 1993), which lets them report gradations of significance (e.g., p < .001).
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