Suppose we are in the following setting. There are 10 covariates and 1 response along with some other data derived from those covariates.
One can do regression of 10 covariates to 1 response to test individual coefficients significance.(This constitutes 10 tests though they might be dependent upon each other.) One can do testing on data derived from the covariates. Say 10 different tests have been done.
If I am using $\alpha=5\%$, am I going to run into the issue of inflating type I error here? I would say expected number of type I error is upper bounded by 2 out of 20 tests total due to correlation. However, for $\alpha=1\%$, I think problem would be alleviated a bit here.
How many test can one do in medical research article? Similarly, how many tests can be done on the same data set assuming a thorough exploratory data analysis has been done?