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Basic Question 6 of 8

True or False? If False, correct the statement.

If the population mean is known, it makes no sense to test hypotheses concerning the population mean.

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Craig Baugh

Craig Baugh

Learning Outcome Statements

construct hypothesis tests and determine their statistical significance, the associated Type I and Type II errors, and power of the test given a significance level

CFA® 2025 Level I Curriculum, Volume 1, Module 8.