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Basic Question 0 of 7

Which of the following is not a step in hypothesis testing?

I. Stating the hypothesis
II. Identifying the test statistic and its probability distribution
III. Specifying the significance level
IV. Collecting the data and performing the calculations
V. Making the statistical decision
VI. Making the economic or investment decision

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User Comment
thevinu Crazy
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I just wanted to share the good news that I passed CFA Level I!!! Thank you for your help - I think the online question bank helped cut the clutter and made a positive difference.
Edward Liu

Edward Liu

Learning Outcome Statements

explain the role of equity securities in the financing of a company's assets

contrast the market value and book value of equity securities

compare a company's cost of equity, its (accounting) return on equity, and investors' required rates of return

CFA® 2025 Level I Curriculum, Volume 3, Module 4.