For the situation described below, indicate whether it makes more sense to use a relatively large significance level (such as α = 0.10) or a relatively small significance level (such as α =...

For the situation described below, indicate whether it makes more sense to use a relatively large significance level (such as α = 0.10) or a relatively small significance level (such as α = 0.01). Testing to see if a large investment firm is participating in the illegal prac- tice of insider trading. If there is evidence, the Securities and Exchange Commission will file a lawsuit against them.